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Thursday, March 20, 2014

The Government Is a Hitman: Uber, Tesla and Airbnb Are in Its Crosshairs

What the Invisible Hand of free-market innovation giveth, the Dead Hand of politically motivated regulation desperately tries to taketh away.

That’s the only way to describe what’s happening to three wildly innovative and popular products: the award-winning electric car Tesla, taxi-replacement service Uber, and hotel-alternative Airbnb. These companies are not only revolutionizing their industries via cutting-edge technology and customer-empowering distribution, they’re running afoul of interest groups that are quick to use political muscle to maintain market share and the status quo...

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