Post-Dispatch Hails the Right Ideas on Taxis

I have found myself agreeing with a number of Post-Dispatch editorials recently, but none more so than today’s excellent piece on taxis in St. Louis. I really don’t have anything to add, other than to recommend you review our previous posts on this topic. There is sort-of a Nixon-going-to-China element to reading these words in the Post (emphasis added):

Whatever happened to free enterprise? Pressure from competitors drives a business to improve efficiency and customer service. There’s no reason to limit the number of cabs, as long as standards are enforced. The poor operators will go out of business on their own — assuming the political cord is cut.

Regulatory bodies suffer from a tendency to protect the businesses they regulate, sometimes at the public’s expense.

Wow. That is terrific stuff. As George Schultz is supposed to have said to Daniel Moynihan after they debated the effects of the busting of the real French Connection, "There is hope for you yet."