Giving capitalism a bad name...........

Mark Perry riffs on the abuse of "regulatory schemes" for fun and profit.  The spirit of Milo Minderbinder is alive and well.  Excerpt here:

The NYC taxi medallion system cartel is a good example of "government failure" and crony capitalism that harms consumers and impoverishes the citizens of New York City, while enriching a small group of wealthy, politically-connected rent-seekers.  Where's the outrage from the OWS crowd, this seems like it would be a good issue for them? 


Full post is here