Tag Archives: parking

Solving school enrolment and on-street parking problems with economics

As an economist, it’s frustrating to see the same issues recur because our decision makers fail to recognise and adopt the straightforward solutions suggested by economics, solutions which take advantage of the so-called price mechanism or market forces.  First, consider … Continue reading

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BCC residential parking permit zone in West End & Highgate Hill is bad policy

I have previously posted on the high cost of free parking, the problem identified by UCLA economics professor Donald Shoup that arises when councils do not properly price access to on-street parking (see Another example of the high cost of … Continue reading

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On-street parking charges a better solution than Harding plan

One important lesson from economics is that problems are most efficiently solved by setting prices right rather than by regulations mandating particular actions. So it is with the problem identified by Brisbane residents of being parked out of suburban streets … Continue reading

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Brisbane City Council’s 15 minutes free parking policy is economically dubious

Economists usually worry when something is provided free, because the price of $0 typically doesn’t reflect the cost of providing the good or service, and demand will increase to inefficient levels – i.e. levels where the value people place on … Continue reading

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BCC still needs to fix up paid parking in the Brisbane CBD

Last August I posted on how changes to paid parking  arrangements in Brisbane CBD have adversely affected CBD businesses, particularly in the southern part of the CBD – the part of the CBD which finds it tough enough already owing … Continue reading

Posted in Brisbane, Retail trade | Tagged , , | 3 Comments