Free Parking versus Free Markets
By Daniel B. Klein
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.
|Other Independent Review articles by Daniel B. Klein|
|Summer 2020||Adam Smiths Rebuke of the Slave Trade, 1759|
|Winter 2017/18||The Joys of Yiddish and Economics|
|Fall 2012||Most Economists Welcome Ideological Openness|
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