Turns out sitting behind a desk on a late night talk show doesn't make you an economic genius. Or even give you grade school knowledge of economics. Or a clue about the sharing-economy.

Uber CEO Travis Kalanick went on the Stephen Colbert show and taught Colbert a thing or two about how the free market works.

Watch:

Wait, supply and demand? Taxi unions are gouging drivers? Unions are not the end all of everything on the planet that is good, decent, and will punch you in the face? Technology evolves and it's better to move with it than it is to be a luddite and resist it? New York Taxis often smell like human excrement? So many new things to learn, such little time.

Colbert must be disappointed this morning. He thought he had Travis Kalanick nailed a few times. Did you notice he told a funny story about getting a ride in an Uber, then asked, "How do you respond to killing jobs and baby lions with your evil company?" We're paraphrasing of course, but you get the idea.

Kudos to Kalanick for showing up prepared. No doubt he knew Colbert would try to assault him with the pre-fab, anti-captitalist talking points.

Hopefully the audience listened and learned here, didn't get dazzled by Colbert's name dropping, and that he had drinks with J.J. Abrams. My question is, what did Colbert think of that stupid new light saber from the Star Wars trailer?