The cost of parking

Urban planners and economists keep harping on the notion that parking is severely under-priced, and the more a good is under-priced the more the incentive for consumers to over-consume. The result is that almost universally we complain about lack of parking spaces.

According to the Economist,

The cheapest parking in the survey is in India, where a spot in Chennai costs 96 cents a day.

Even in Indian prices, that is awfully cheap. It is amazing how expensive parking is in some of the European cities.

Sex, wins, and parking

Clark Kerr is reported to have said that a college administrator's job is to provide "parking for faculty, sex for students, and athletics for alumni."
An inside joke, I suppose :-)
But, wait, Clark Kerr was no ordinary guy; he was the top gun at the University of California system, and was one of the architects of the three-tier higher education model in California that was fantastic at one time. So, he could not have been joking--it is another example of many a true words spoken in jest.
And we relive the joke all over again.