Monday, March 25, 2013

There's no such thing as a free parking spot

In a recent Freakonomics podcast, Donald Shoup (UCLA) talked about his studies on the costs of free parking. Shoup's main argument is that most parking spaces are underpriced, especially in great urban areas. Ok, it's hard to disagree on that. But still, I would like to see some more evidence that reducing parking actually reduces traffic congestion.

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