King Rat (gkr) wrote,
King Rat

Eco 200: cab cartel

(individual) When the Seattle City Council stopped setting taxicab rates, efforts quickly began to compel the city to resume regulation. Are you surprised to learn that those efforts were financed and promoted by the owners of taxicabs? Do you believe their statement: We're doing it to keep people from being ripped off?

No. Because it's unlikely that the city council will allow a regulated price to drop below marginal costs. As gas prices rose recently, the city mandated that prices rise. It doesn't allow anyone to undercut the cab cartel.


  • And on the fourth year…

    Four years ago right about now mom died. This year, I haven’t broken down at random times. So that’s a plus. It doesn’t seem…

  • My mom’s voice

    I haven’t heard my mom’s voice since just after Christmas 2006. She slurred her words starting in January and used a Dynavox starting in…

  • ALSA Evergreen Chapter

    Mom asked that if folks want to donate money the appropriate donee would be the ALSA Evergreen Chapter:…

  • Post a new comment


    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened