How taxis, peanuts and assault rifles get you a martini for dinner: examining peanut quotas and taxi medallions in consideration of whether a fifth amendment takings claim is a red herring when eliminating alcohol license quota systems

This Article argues that allowing increased on-premise alcohol licenses will provide increased economic development through competition, without sacrificing public safety. Opponents of dismantling the on-premise quota system have consistently argued that a closed system is necessary, and may implicate a takings claim by current licensees. Review of relevant takings claim cases, including cases relating to peanut quotas and taxi medallions, however, supports opening those legacy markets by allowing new licensees into the marketplace, with little legal support for a successful takings claim relating to the value of the current licensee's license on a secondary market.