Since the Great Depression, the number of yellow-cab taxis in New York City has dropped by 20 percent, but the population has grown by the same proportion. So where are New Yorkers starting to turn when they need to get somewhere and public transit won’t do? Uber, which controls 90 percent of the city’s ride-sharing market.

A new study authored by Manhattan Institute Fellow Jared Meyer (my former colleague) shows that Uber’s success is driven by demand from low-income users of every race.

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