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Is the license the same thing as a medallion? If they just want to ask someone to pass a test and/or background check, that seems fine. If they refuse to issue
by jeffdavis 13y ago
Is the license the same thing as a medallion?
If they just want to ask someone to pass a test and/or background check, that seems fine. If they refuse to issue one because there is a limit, that works against consumers.
- codex 13y agoNot necessarily. NYC introduced medallions because a glut of taxis we're clogging vital infrastructure and nobody could make a profit, thus safety and maintenance were compromised. Capitalism does not produce the optimal outcome for consumers when externalities are not part of the equation.