3 ms·
There was an article on here a while back about how the medallion system in NYC is making both sides lose out... anyone remember it/have the link?
by ahelwer 14y ago
There was an article on here a while back about how the medallion system in NYC is making both sides lose out... anyone remember it/have the link?
- pavedwalden 14y agohttp://www.slate.com/articles/business/moneybox/2012/06/taxi_medallions_how_new_york_s_terrible_taxi_system_makes_fares_higher_and_drivers_poorer_.single.html http://www.slate.com/articles/business/moneybox/2012/06/taxi...
- bigdubs 14y agoIt wasn't so much that the medallion system is bad, as defined as limiting the total number of cabs on the road, it was the exemption that the medallion owner didn't have to drive. This leads to cartels of medallion owners that make huge profits off the backs of other drivers.