NYC Taxi Medallions' steep fare

NYC Taxi Medallions’ steep fare (DON EMMERT/AFP/GettyImages)

NYC Taxi Medallions' steep fare

Even before Uber and Lyft pulled into town, NYC yellow cabs were having a rough ride. Reckless lending practices and inflated taxi medallion prices racked up profits for the city and debt for drivers. Then, the bubble did what bubbles do. 

Read the transcript.

GUESTS

Nathan Willensky — collector of taxi memorabilia
David Pollack — former host of the Taxi Dave Show, born in a cab

Brian Rosenthal — New York Times investigative reporter

Gary Roth — former policy analyst at the Taxi and Limousine Commission

Miriam Rosin — taxi medallion owner

Ted Landsmark — Professor of Public Policy and Urban Affairs and Director of the Dukakis Center for Urban and Regional Policy

David Yassky — former chair of the Taxi and Limousine Commission

Bhairavi Desai — co-founder of the New York Taxi Workers Alliance

Hari Singh — cab driver


SELECTED SOURCES

‘They Were Conned’: How Reckless Loans Devastated a Generation of Taxi Drivers — Brian Rosenthal

Taxi!: A Social History of the New York Cab Driver — Graham Hodges

“The Daily”: The Taxi Driver’s Plight

JUST FOR FUN

The Taxi Dave Show

“I’m WALKIN’ here!”

Classic “Taxi” clip feat. cocaine cookies


OUR SPONSORS THIS WEEK:

Policy Genius - policygenius.com

Betterhelp - betterhelp.com/spectacular

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