Thursday, April 7, 2011
Some Place Just Froze Over
Who would have thought that San Francisco would be home to a bi-partisan (Bush and Obama administration supported) experiment to use the price system to allocate parking spaces? As the article says, it is going to be fun watching. Will the technology work? Will the economic winners (people who don't have to circle for long periods of time to find a parking place) be able to respond to any anti-market "fairness" complaints?