Re:Maine Is Drowning in Lobsters
by cityhall on Tuesday May 23, 2017 @12:04AM
(#14398720)
If we make the same argument in favor of taxi cartels, people see the flaw right away. The system may encourage conservation but that's only one of many side effects and we're glossing over the costs.
[ Parent
| on HN ]
That's because they're different. "Over taxiing" won't deplete the population of taxi riders. Just because you know something about the economics of the taxi business doesn't mean you can indiscriminately apply the same logic to a different industry. Which in a thread full of condescending compassion for the economically illiterate, is by far the more common fallacy.