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by emodendroket 3049 days ago
That's essentially the argument NC has presented for why Uber is not sustainable.
1 comments

In that case they make very bad arguments, because such an equilibrium would be expected to be quite stable (although Uber might not be part of it).
If Uber "is not part of the equilibrium" then that would suggest it wasn't sustainable.
So they would have preferred it, possibly come to a different conclusion, if Uber would have been likely to be established as a perpetual monopoly?
It's not a normative argument.
So they did not base any decision on the observation?
I don't understand what you are asking.