Obviously you are right, but don't waste your time on this topic in this forum. You would have been better off making a dry economic explanation about the NYC medallion scheme than trying to promote libertarianism or objectivism on Hacker News. It's basically 50-50 libertarians and leftists here and the only time either side makes a point that the other side won't down vote is if it is technical in nature (which, honestly, is a better way to comment for this type of setting anyway).
It's a sad thing - but it seems that you're right :-(
Even a textbook extract from Krugman saying the very same thing (!!) can't help if the leftist had already decided which facts he will deign considering.
