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A comment on The Tyranny of Taxi Medallions. Parent comment

Re:The Tyranny of Taxi Medallions by yummyfajitas on Wednesday April 10, 2013 @04:07PM (#5527777)
Policing cabs is vastly cheaper than the cost of a medallion.

https://news.ycombinator.com/item?id=1650659

Cities therefore have a powerful interest in making sure that whatever else happens, there is a strata of taxi service available to all residents of the city at some predictable rate.

Limiting the supply of taxes reduces the likelihood that this will occur.

Not that NY has anything like the "universal service" you are hinting at, taxes rarely go above 125th st.

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Re:The Tyranny of Taxi Medallions by gertef on Wednesday April 10, 2013 @04:30PM (#5527939)
Taxis are required to service all destinations in manhattan.

But yeah, originations are a problem.

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Re:The Tyranny of Taxi Medallions by cm2012 on Wednesday April 10, 2013 @04:46PM (#5528047)
They are required to service all of NYC, but will do almost anything not to.
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Re:The Tyranny of Taxi Medallions by Yzupnick on Wednesday April 10, 2013 @04:51PM (#5528074)
Correction, taxis are required to take you to "any destination in NYC, Westchester, Nassau, or Newark Airport;"

Source: http://www.nyc.gov/html/tlc/html/passenger/taxicab_rights.sh...

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Re:The Tyranny of Taxi Medallions by mnutt on Wednesday April 10, 2013 @07:51PM (#5529032)
They often stop with their doors locked, roll down the window, and ask where you are going.
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