Biotech remains strong in Massachusetts, but we’ve faded into obscurity when it comes to software. The City of Cambridge, however, has come up with one way to level the playing field: make it illegal to be a customer of a Silicon Valley success story. Here’s a posting from Uber about how the Cambridge city government is proposing effectively to shut Uber down within Cambridge. (There is a public hearing tonight.)
California may be ahead of us in grape production, but they are sour grapes and we do not want them.
[Separately, this relates to the Piketty postings. By definition taxi medallions tend to be owned by millionaires (since one medallion costs close to $1 million and in fact most medallions are owned by people who own multiple medallions). Uber drivers are trying to catch up to these rich folks, but government regulation can prevent them from earning any kind of living in this industry (other than, perhaps, the minimum wage job of working for a taxi medallion owner).]