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The SEC’s Crypto Crackdown

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The Distorting Effect of Free Parking on Car Ownership

Free parking has a huge distorting effect on how people use and own cars. Study after study shows that having parking is a huge subsidy towards car ownership. Building more parking usually isn't the solution because you create more incentives for car ownership. And also creates at a block by block level a place where you don't really want to walk around.

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