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New York City Mayor Bill de Blasio — brace yourself for this one — is trying to make it harder for Uber to do business in the Big Apple. This comes on the heels, of course, of California trying to upend the company’s classification of its drivers as independent contractors and protests from French cabbies who are upset about the competition.
Can innovative companies like Uber overcome the political power of the incumbent companies they’re disrupting? Is it inevitable that even the most dynamic startups will have to eventually assimilate to the culture of lobbyists and rent-seeking? Those are some of the topics I take up with Professor Epstein in this week’s installment of The Libertarian. Listen in below or subscribe to the show via iTunes or your favorite podcast app.