IPFS News Link • Economy - Economics USA
New York's Taxi Cartel Is Collapsing.
• arcleinBut if you look around at the real world, you find something different. The actually existing monopolies that do these bad things are created not by markets but by government policy. Think of sectors like education, mail, courts, money, or municipal taxis, and you find a reality that is the opposite of the caricature: public policy creates monopolies while markets bust them.