For decades taxi regulations have served as the textbook example of government regulations creating artificial enclosures, rents, and wage labor. In addition to a host of prohibitous regulations that even extend to the color of a driver’s socks, the “medallion” system dramatically limits the number of taxi in major cities while at the same time…

Around the country, consumers are greeting newly arrived rideshare and taxi alternative companies like Lyft and Uber with fanfare. Some people, though, aren’t so happy. Taxi companies, for example, are lobbying city and local governments to heavily regulate and outright ban these services from the streets — ostensibly for “safety” reasons. One group in Seattle…