In The High Cost of Free Parking (2005), Donald Shoup shows that, like freeways and free schooling, free parking isnt cheap. The huge and often hidden costs, he argues, could be greatly reduced through a policy of radical decentralization, in which newly created local parking districts would use parking revenues to fund district improvements.
Free Parking versus Free Markets
By Daniel B. Klein
This
article
appeared in
the Fall 2006 issue of The Independent Review.
Bureaucracy and GovernmentEconomic PolicyEconomyEnergy and the EnvironmentFree Market EconomicsGovernment and PoliticsGovernment Waste/PorkPhilosophy and ReligionPublic ChoiceSocialism, Communism, and CollectivismThe Nanny StateTransportation
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