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Detailed text transcripts for TV channel - MSNBC - 20150721:07:54:00

I want to have you on tonight, dean, because you are an economist but you have written really persuasively about how bad entrenched cartels can be throughout the economy and how much cronyism they can engender. when you watch this battle rage between uber which styles itself as innovative disrupter against the bad incumbent taxi interest, how are you reading this situation? i think it s a very interesting story. the incumbent taxi industry isn t anything that anyone really wants to preserve. we have archaic rules. the regulations were there to ensure profits on an industry that hadn t had an invasion for decades. uber changed that but uber doesn t want to play by any rules and that doesn t make sense. the original rules were designed to serve legitimate public purposes and ensure that the cabs were safe and the drivers wouldn t jeopardize passengers ....

Dean Baker , Taxi Interest , Battle Rage , Taxi Industry Isn T , Hadn T , Wouldn T , Doesnt Make Sense , Uber Doesnt Want , Anti Uber ,

Detailed text transcripts for TV channel - MSNBC - 20150721:00:55:00

We have archaic rules. the regulations were there to ensure profits on an industry that hadn t had an invasion for decades. uber changed that but uber doesn t want to play by any rules and that doesn t make sense. the original rules were designed to serve legitimate public purposes and ensure that the cabs were safe and the drivers wouldn t jeopardize passengers and there was proper insurance. so these were all rules that served a real purpose. uber copsmes in and says none of that applies to us and that doesn t make sense. good to see the disruption. we have seen improvements in taxi service. that doesn t mean you want no regulation. this seems the issue here. there s sort of two things happening. one is the actual way uber not as a principle of disruption but as an actual company conducts itself. they can be really nasty. at one point they had to apologize because a competitor called and canceled rides to flood their system and the ....

Hadn T , Anti Uber , Doesnt Make Sense , Uber Doesnt Want , Uber Copsmes , Wouldn T , Freighted Way Of Distributing Resources , Doesn T , Taxi Service ,

Detailed text transcripts for TV channel - MSNBC - 20150721:03:54:00

For a technology advocacy group. i want to have you on tonight, dean, because you are an economist but you have written really persuasively about how bad entrenched cartels can be throughout the economy and how much cronyism they can engender. when you watch this battle rage between uber which styles itself as innovative disrupter against the bad incumbent taxi interest, how are you reading this situation? i think it s a very interesting story. the incumbent taxi industry isn t anything that anyone really wants to preserve. we have archaic rules. the regulations were there to ensure profits on an industry that hadn t had an invasion for decades. uber changed that but uber doesn t want to play by any rules and that doesn t make sense. the original rules were designed to serve legitimate public purposes and ensure that the cabs were safe and the drivers wouldn t jeopardize passengers and there was proper insurance. ....

Technology Advocacy Group , Dean Baker , Taxi Interest , Battle Rage , Taxi Industry Isn T , Hadn T , Anti Uber , Uber Doesnt Want , Wouldn T , Doesnt Make Sense ,