As I pointed out a while back, London taxi drivers are keen to restrict supply of taxi services because it enhances their own earnings, which is why cab licences trade at a premium in the grey market.
Along come the Elfin Safety brigade, who want to restrict supply by limiting taxi drivers' working hours, and all of a sudden the taxi drivers are up in arms.
Funny, that.
Monday, 17 August 2009
More pots, kettles
My latest blogpost: More pots, kettlesTweet this! Posted by Mark Wadsworth at 20:23
Labels: Bansturbation, Economics, Elfin Safety, Taxi driver
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3 comments:
Bunchacrooks, Lunnun cabbies.
London cabbies are wonderful.
Have you ever got a cab in New York?
NY cabs appear to be mostly driven by psychos, who despite the grid system, seem pretty clueless about how to find their way around. That's when they are not giving you whiplash or crashing into each other. I speak from personal experience.
Never get a mini cab in London. They are manned by foreigners who have no idea where anything is. I have had to give them directions, an I have never lived in London.
London cabbies are a great British institution.
London cabbies are entirely obsolete. Prior to the invention of cheap, reliable GPS units, they were useful; now, a cabbie with a sketchy 10-year-old knowledge of the roads is slightly less use than a minicab driver with a GPS. And more expensive, and never around late at night.
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