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Tuesday, November 22, 2005

 

A Tax That Even People Who Hate Taxes Can Love

"I was in New York City the other day and my taxi cab driver bypassed a long line of cars exiting the freeway to cut in at the last second. As usual, I enjoyed being an innocent bystander/beneficiary to this little crime. But what happened next was even more gratifying to the economist in me. A police officer was standing in the middle of the road, waving every car that cut in line over to the shoulder, where a second officer was handing out tickets like an assembly line. By my rough estimate, these two officers were giving out 30 tickets an hour at $115 a pop."

freakanomics

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