[dotnetchris]

This inarguably shows the fallacy of "central planning." The government cannot ever out smart a free economy. When the government refuses to allow the free economy: illegal black markets arise and legal fiefdoms are spawned both at the expense of the regular citizen. Who benefits from centralized planning? There's only 2 classes that benefit, the government class and the criminal class.

The simplest solution is just end absurdity like this. Let the free market dictate how many cabs should exist and what fares should exist. Might people become overzealous, overfill supply then strangle themselves from it? Sure. Is it that a bad thing? No. The market will correct, suppliers will leave and supply and demand will resolve the imbalance as it always does.