Huge coordination problems, aren't there?
--
Mark Steckbeck
Assistant Professor of Economics
Hillsdale College
Economics Department
33 E. College Street
Hillsdale, MI 49242
(517) 437-7341
[EMAIL PROTECTED]
On 7/26/02 2:50 PM, Bryan Caplan [EMAIL PROTECTED] wrote:
Is there really a
Here is an interesting plan to get out of NYCs transitional gain trap
regarding taxi medallions. Basically the author suggests buying out the
current medallion holders and selling taxi-cab licenses on an open
basis. I think his numbers don't add up but this might make an
interesting
Bryan Caplan:
If a majority of NYers seriously wanted free entry in cabs, wouldn't it
happen regardless of the opinions of cab companies?
Sure it would -- if your definition of seriously includes are willing
and able to put enough pressure on the relevant city officials to both
persuade them and
Is there really a transitional gains trap? If a majority of NYers
seriously wanted free entry in cabs, wouldn't it happen regardless of
the opinions of cab companies?
Prof. Bryan Caplan
Uh-oh. The Median Voter Theorem rears its ugly head again.
Bryan Caplan wrote:
If a majority of NYers
seriously wanted free entry in cabs, wouldn't it happen regardless of
the opinions of cab companies?
Bryan is gently pointing out that my assumptions may be inconsistent
with my earlier posts on democracy. Nevermind, I contain multitudes.
It
I am very interested in pursuing the experiment. I am wondering what my
results might be at our State Unemployment Office, where the waits can
stretch into hours.
-Terri