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by sdwr
496 days ago
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You're missing the trade-off between time and money (and how it differs based on wealth). "Free for all" parking spaces allow you to trade your time (hunting a spot) for parking, the same way coupon-clipping trades time for a discount on food. You can say "eliminate coupons, all food should be at market price", but coupons really are an effective way of helping people. They segment the market by being too time-consuming for wealthy people to bother with, and are a job for people who don't have a higher-paying one. |
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Free Shakespeare in the Park is a New York City civic tradition dating back to the 1950s. It is, as the name suggests, free to the public, but because Central Park’s Delacorte Theater has a finite number of seats, tickets are given out on a first come, first served basis. Some folks, who either can’t or don’t want to stand in line to get tickets, have taken to employing line-standers to do the waiting for them. According to Sandel, the price for a line-stander in 2010 was “as much as $125 per ticket for the free performances”