Cabbies, Cyclists and the Cost of Living
BY STEWART SLATER Why is it so hard to get a cab in the rain? Increasing demand surely – despite there being no recorded example of any human less than 100% waterproof, most of us prefer not to get wet. But if you are a classical economist, supply should increase to match demand. The more people want a cab, the more of them should appear … Continue reading Cabbies, Cyclists and the Cost of Living
