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My parents would tell me that one of our extended family's (my family had already emigrated to the US at this point) favorite economic reforms in Peru during th
by sbilstein 12y ago
My parents would tell me that one of our extended family's (my family had already emigrated to the US at this point) favorite economic reforms in Peru during the 90s was deregulating the cab industry so that anyone could simply put in a little sign that said "taxi" on their dashboard could operate as a cab driver.
From what I understand and vaguely remember from visits as a kid was that it wasn't uncommon to pay for a ride for someone on their way to or from work. The economy was so bad that cab drivers were frequently from all kinds of background, businessmen, lawyers, doctors, etc but all needed and appreciated the ability to make some extra untaxed income.