Freakonomics: Why Uber Is an Economist’s Dream - $7 bil: the consumer surplus Uber created.

To you, it’s just a ride-sharing app that gets you where you’re going. But to an economist, Uber is a massive repository of moment-by-moment data that is helping answer some of the field’s most elusive questions. A new paper, co-authored by Steve Levitt, finds that Uber creates $7 billion a year consumer surplus in the U.S. alone. This podcast was discovered on @ottoradio 👍