The Facts You Never Knew About the Nobel Economics Prize

First awarded more than 70 years after the original Nobel Prizes began, the Nobel Economics Prize is worth some unexpected extras.

The Huge Impact of a Rather Irritating Invention

While the cost of free parking in New York City is rather huge, it can be offset by what was a seemingly insignificant and irritating innovation.

Why There is No Such Thing as Free Parking

Even in North Dakota where there is a ban on parking meters along town and city streets, there is no such thing as free parking.

The Seven Ways We Pay For Free Parking

Including congestion, wasted gas, time and emissions, cheap parking creates negative externalities that variable pricing of parking spaces can eliminate.

How Can You Add Value to Your Free Parking Space?

NYC has lots of cheap parking spaces. The result? I (and many like me) have circled blocks, added to greenhouse gases, used precious hours and exacerbated congestion, all to find an empty muni-meter or free spot. As UCLA Professor Donald Shoup has said through…

Winter Dibs: The Reasons That Shoveling Makes That Parking Space Yours

If you’ve shoveled your car out of a snow mound, is that parking space yours? Called “winter dibs” in Boston and Chicago, the answer is, “yes.” You just leave a chair, a pot or some item to reserve the space…