Basically, all the surplus that was supposed to go to drivers via the license re... | Hacker News

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jacobolus on June 9, 2012 | parent | context | favorite | on: Taxi Medallions: New York's taxi system makes fare...

Basically, all the surplus that was supposed to go to drivers via the license restriction has instead been sucked off by a rent-seeking financier class.

gruseom on June 9, 2012 [–]

One small healthy sign is that the terms "rent-seeking" and "financialization" seem now to have entered the lexicon.

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