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Written by Mitch
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Tuesday, 25 December 2007 21:08 |
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Last May, I reported on an absurd lawsuit by Minneapolis taxi owners to cap the number of cab licenses in the city…on Fifth Amendment grounds: owners of Minneapolis cab licenses, who’ve benefitted immensely from government regulations artificially driving down the supply of cabs in Minneapolis, are sueing on Fifth Amendment grounds to protect a “right” to income that exists only because of government intervention!
The owners’ “logic”; government adding more licenses was a “taking”. Never mind that they “took” something - a monopoly - that existed only due to government action. King reports that the madness is over:
The case of Minneapolis taxi cab licenses (previously reported here) has now been dismissed by a judge, making it possible for free entry into the Minneapolis cab market. The Institute for Justice is doing a bang-up job for economic liberty and has brought the immigrant groups that sought entry into the cab market a nice Christmas gift.
Sometimes it feels like the good guys never win in court. Nice to see it works, sometimes. Cross-posted at Shot in the Dark. |
