With all the hand wringing over the Trump withdrawal from the Paris climate accord, it is refreshing and useful to get this short (just over 100 words) and clear statement from Cato. The accord is at best simply a feel-good measure; at worst it is an awful waste. More details at this conversation by Nick Gillespie with Bjorn Lomborg. Perhaps the well worn Paris photo of over a hundred heads of state posing and posturing and smiling smug over their success in reaching the agreement says it best.
So it is ironic that there is so much breast-beating, now that the carpet has been pulled.
For some years, the best and brightest in urban planning have offered a simple solution to urban traffic. Price parking. Get one price right. In fact, it is easier than it sounds because so many places have nearby commercial parking. The market signals are abundant and easy to find.
But despite the clarity and simplicity, most parking remains under-priced. And a thousand expensive and impotent "solutions" have been offered instead. These include expensive parking requirements, expensive transit, expensive bike lanes, expensive HOV lanes, expensive vehicle mandates and subsidies, etc.
The people who cannot get one price right are eager to "fix" climate, health care, education, poverty, hunger, world peace, you name it. Is there better word than irony?