5 ms·

Is the "American way" (the NYC medallion system) better? These generalisations don't help.

• rdl 13y ago
  The London way (a difficult exam, probably far beyond what's actually needed for the job, as the main way to reduce supply) is probably the best way to manage supply. Most American taxi markets aren't restricted like NYC (or a few other big cities), and even those that are are not anywhere near as expensive. NYC and SF seem like the big outliers for restrictive permits in the US.
  • DanBC 13y ago
    The difficult exam is only needed for drivers who want to pick up people without a prior booking. It's much easier to be a taxi driver if you only accept telephone booking rides.
  • gaius 13y ago
    You know there were black cabs before satnav, right?
    • rdl 13y ago
      Even without satnav, you can be a passable taxi driver in London without knowing every single street.
      • neverminder 13y ago
        London is notorious for being a city with most number of streets in the world. http://www.the-london-taxi.com/london_taxi_knowledge http://www.the-london-taxi.com/london_taxi_knowledge