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No. One's supply limited by the government, the other's is not. At the end of the day they both just transport people from point A to point B. Owners of planes
by bedhead 12y ago
No. One's supply limited by the government, the other's is not. At the end of the day they both just transport people from point A to point B. Owners of planes have gone bankrupt 1,000 times since 1980, while owners of taxis have the single best returning asset I can think of. Do you really think government meddling (or medallioning, heh heh) hasn't been about 85% responsible for this otherwise incomprehensible result?
- dragonwriter 12y ago> Do you really think government meddling (or medallioning, heh heh) hasn't been about 85% responsible for this otherwise incomprehensible result? Its 100% responsible, from one perspective, because "bankruptcy" is one form of government "meddling" in economic markets.
- tptacek 12y agoThe supply of available airport gates is absolutely limited by governments.
- bedhead 12y agoWell this is going nowhere. I don't know why I try sometimes.