Allison Schrager: "How taxpayers may wind up subsidizing Uber and WeWork’s losses"
Allison Schrager, author of
Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk, delivers her latest for Quartz.
❝ Our lives increasingly involve products or services from companies that do not, and may not ever, earn a profit. As the Atlantic’s Derek Thompson recently pointed out, if you wake up on a Casper mattress, take an Uber to a WeWork office space, and have your lunch delivered by DoorDash, you’ve interacted with companies that lost a combined $13 billion last year. If a company is losing money and still selling its product, someone is subsidizing it, and by extension, subsidizing your cheap rides and the beer at your co-working space. As it turns out, the person doing the subsidizing could be you … [QZ.com]
| ALLISON SCHRAGER is an award-winning journalist at Quartz & author of An Economist Walks into a Brothel.. Watch her discuss "Taking Risks in a Changing Economy" below, and learn more about booking Allison for your next event today. |
