Tyler Cowen, Columnist

Computing the Social Value of Uber. (It's High.)

Consumers gain $1.60 from each dollar spent on UberX. And that's just for starters.

Progress is painful.

Photographer: Akos Stiller/Bloomberg
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How much would be lost if Uber simply went away? That's actually happened in Austin, Texas, and the service has faced legal troubles in France, Spain, Germany and parts of India.

QuickTake The Sharing Economy