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People irrationally overvalue benefits (relative to money). Plus many benefits are tax advantaged aUnd they are also easier for big players to provide. If they

• crdoconnor 11y ago
  >People irrationally overvalue benefits People giving their own opinions irrationally undervalue citations. >Plus many benefits are tax advantaged aUnd they are also easier for big players to provide. I guess that explains why Uber is fighting tooth and nail not to provide any benefits at all rather than embracing a new competitive advantage. Oh wait. >If they were allowed to provide limited benefits without being obligated to provide full benefits, it would provide a barrier to entry for competitors. As opposed to the regulatory arbitrage they do where their early entrance to new markets depends upon the vast amount of cash they spend on lobbying and unchallenged legal loopholes. >Economics >> moral posturing. What passes for supposedly objective economics these days is mostly disguised moral posturing. Some entire schools including Monetarism and Chicago pretty much only do that which is why they have a horrible prediction record. Other supposedly objective economic reasoning leads to bizarre conclusions like the idea that Uber would lobby hard against legal reforms that would give them a competitive advantage.