[cabalamat]

> the medallion ("no more than N cabs may be operating at any given time")

The whole point of this is to ensure that the price for taxi rides is higher than what the market-clearing price would be. In other words, it's a scam to rip off gthe consumer.

(Similar arguments apply to zoning regulations and house prices, of course)

[SilasX]

There are good motives and bad motives behind every law. I don't find it productive to assert, as fact, that the malicious stuff is only kind, without addressing the good that they're ostensibly accomplishing.

You might as well dismiss all cap-and-trade proposals as being "just another scheme to raise energy prices".