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Financial Newsletter for Free Marketeers and Libertarian Entrepreneurs

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Daniel Kowalski

How Cronyism Created New York City’s Taxi Medallion Bubble

October 11, 2019 by Counter Markets

By Daniel Kowalski If one wanted to study the difference between an industry that exists in a very free market and its exact counterpart in a system of extreme government regulation, then you don’t need to look further than the New York City taxi industry. New York City yellow cabs entered government regulation in 1937 when city officials decided that something needed to be … [Read more...] about How Cronyism Created New York City’s Taxi Medallion Bubble

How Big Government Politicians Cause the Inequality They Claim to Fight

April 17, 2019 by Counter Markets

By Daniel Kowalski With the 2020 presidential election on the horizon, there are currently over 15 serious Democratic contenders competing for the party’s nomination. Some candidates, like Andrew Yang, have detailed policy proposals they are consistent about. Others seem to keep maneuvering left with their positions in order to outflank their competitors, while a few seem … [Read more...] about How Big Government Politicians Cause the Inequality They Claim to Fight

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