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Sure, but cab medallion prices are a function of the artificial scarcity created by their existence in the first place. If you removed venture capitalist subsid
by the_watcher 10y ago
Sure, but cab medallion prices are a function of the artificial scarcity created by their existence in the first place. If you removed venture capitalist subsidies, but kept Uber and Lyft in business (companies who do not artificially constrain the supply of their drivers), the impact on medallion prices would be the same.