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If we make the same argument in favor of taxi cartels, people see the flaw right away. The system may encourage conservation but that's only one of many side ef
by cityhall 9y ago
If we make the same argument in favor of taxi cartels, people see the flaw right away. The system may encourage conservation but that's only one of many side effects and we're glossing over the costs.
- camelite 9y agoThat's because they're different. "Over taxiing" won't deplete the population of taxi riders. Just because you know something about the economics of the taxi business doesn't mean you can indiscriminately apply the same logic to a different industry. Which in a thread full of condescending compassion for the economically illiterate, is by far the more common fallacy.