Cars Aren’t Free, So Why Is It Free To Park Them?
From Tyler Cowen in today’s NY Times, “99 percent of all automobile trips in the United States end in a free parking space, rather than a parking space with a market price.
The question Tyler addresses is: If we don’t give away free cars or free gas, then why do we give away parking spaces for free?
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Answer: because unlike in overcrowded Europe, we still have some free space in US (thank God).
Or I got the question wrong?
It is never free. The cost of parking a car is a component of the variable costs of doing business. Every parking operator capable of charging for parking does charge for parking. We pay for it through the purchase prices of the goods we use, the taxes on our property or the rent. We may not have to disburse money at the time the service is rendered, but we end up paying in one way or another.
Pierre
“Cars Aren’t Free, So Why Is It Free To Park Them?”
Geez.. What a stupid argument. What’s next? ” House’s arn’t Free, So why is it free to live in a house”???