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(14) Former Morgan Stanley president slams Europe’s capital markets | Financial Times
Comments on the depth and liquidity of the market, and relates to attempt by EU to get to a single capital market. "Morgan Stanley’s former second-in-command has warned that Europe’s capital markets are “not fit for purpose” and Brexit will make the situation worse."
economics  research 
1 hour ago by fpaulus
The Ride-Hail Utopia That Got Stuck in Traffic - WSJ
Uber initially claimed ride-sharing would decrease traffic, but the way it is used, Uber increases traffic congestion. "Facebook Inc. set out to help connect people with each other, but also contributed to the spread of division and disinformation. E-cigarette company Juul Labs Inc. said it could reduce cigarette smoking, but fueled a crisis of teen vaping. Encrypted messaging apps designed to foster online privacy have become favorite communication tools of criminals."
economics  unintended_consequences  Uber  Lyft 
yesterday by cmingyar

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