Exactly. I do think the independent contractor model (taxis) does not work well in provide a high quality transport option. There is room in the market for a em

Exactly. I do think the independent contractor model (taxis) does not work well in provide a high quality transport option. There is room in the market for a employee-based model (such as what Uber is running in practice), but they should not get to don’t pretend that their employees are independent contractors just because they don’t like paying taxes and benefits. Uber is basically a heist of taxi medallions. Uber works best where regulation allow the owners of medallion to extract a large economic rent from their customers. Undercutting taxis in these markets is easy because the drivers don’t have to pay the medallion owners their cut. Uber has proven far less successful in markets (like Japan) where there is no economic rent to be extracted.