Thanks a lot for all these comments. My point in writing this article was not to discuss how best to regulate taxi services and how Uber should be accommodated, if at all. All I wanted to say is that very often in Europe, as opposed to the US, regulatory restrictions protect incumbents without even an indirect reference to the general interest objectives these restrictions are meant to achieve. As a result, any entry that is perceived to eliminate some rents is prohibited, completely stopping innovation in many sectors of the economy. Innovative entrepreneurs exist in Europe as well. Let them start an activity when entry does not immediately affect any general interest. Adapt regulation to new technologies instead of blocking any technological development.
US President Donald Trump once seemed to recognize that, as long as the US remains mired in endless wars in the Middle East, it will be unable to address in a meaningful way the threat China poses. But that has not stopped him from perpetuating the cycle of self-defeating American interventionism in the Middle East.
A growing body of research suggests that CEOs share more relevant traits with Chief Human Resources Officers than with those of any other C-Suite position. But while CHROs may have a seat at the table, that seat’s occupant – more often than not a woman – is still least likely to become CEO.