The Road to Taxi Serfdom - Robert P. Murphy - Mises Daily

The Road to Taxi Serfdom - Robert P. Murphy - Mises Daily: "Even though parking is a pain (and expensive), the reason so many people choose to drive their own cars into Manhattan is that it is currently very expensive to take a cab over long stretches. But if it weren't for the artificial government restrictions, the supply of taxi services would be much larger, and cab fares would be a fraction of their current rates."