Regulatory Arbitrage and the Stagnation Caused by Government Intervention

This chapter discusses the concept of regulatory arbitrage and how companies like Uber have exposed problems in the regulatory landscape. It highlights the brilliance of Uber's business model in utilizing unused capacity and providing a clearly superior service compared to traditional taxis. The chapter also touches on the stagnation in society caused by government regulation and central banking, and the difficulty of calculating the unseen potential without these interventions.