> All that began to change in 1979. That year, New York’s
Taxi and Limousine Commission changed its rules to allow
medallions to be leased out for 12-hour shifts.
The implication here is that the transferability of the medallions caused this big mess. We need a discussion of why medallions--which he says started simply as licenses--are being limited. This is the obvious question that is not addressed. After all, normal drivers' licenses and normal cars are not limited by the government in US.
We need a discussion of why medallions--which he says started simply as licenses--are being limited.
Manhattan's streets already heave with traffic. Allowing unlimited cabs would make that worse, and there's no free market trigger that would solve the problem.
The implication here is that the transferability of the medallions caused this big mess. We need a discussion of why medallions--which he says started simply as licenses--are being limited. This is the obvious question that is not addressed. After all, normal drivers' licenses and normal cars are not limited by the government in US.