Cautionary Tales with Tim Harford cover image

The City That Sold Itself To Wall Street

Cautionary Tales with Tim Harford

00:00

The Chicago Parking Meter Controversy

This chapter examines Chicago's mayoral decision to privatize city services, particularly the parking meter system, during a financial crisis. It highlights the clash between city officials and the implications of the deal for residents, revealing widespread dissatisfaction with the aftermath of the agreement.

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