In last Wednesday's PS&RS committee, I voted in favor of an ordinance change to gradually take away the artificial cap on the number of taxi licenses granted in Minneapolis. Here is my main reason for doing so: I believe that gradually lifting the cap on taxi licenses in Minneapolis will be good for taxi drivers (present and future), customers and the city at large, in the long term. I also believe that this will make the taxi industry similar to other industries, in terms of City regulation. We put all sorts of restrictions and regulations on bars, restaurants, coffee shops, rental housing, etc. What we don't do in any other industry is regulate the number of people who can participate. I think this is a question of basic economic fairness and justice: if I want to start a coffee shop, it doesn't matter how many other coffee shops already exist. If I want to drive a cab, I have to convince someone else (a competitor) to sell me a license for $20,000. I understand that...