Boston Hackney Division Has Too Much Power

posted earlier about the absurd notion that increasing complexity is a good justification for the Federal Reserve to grab more power.  Well, here is an article showing that regulators can’t even handle 1800 taxis in Boston.  Here’s the money quote, showing the everyone-loses nature of altruism perfectly:

…they can’t pick up passengers in surrounding cities, so if they drop someone off in Cambridge they have to drive back across the Charles River, passing by any hopeful people standing on corners, desperately trying to flag down a ride into Boston.

But, somehow, they will handle a multitrillion dollar economy??


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