The document discusses parking from an economist's perspective, touching on several key points in 3 paragraphs or less: [1] Managing parking involves balancing competing demands like accommodating commuters and residents while also aiming to raise revenue. Most local authorities generate revenue from parking but some lose money on the endeavor. [2] Most motorists are confused by parking regulations and many receive unfair penalties. Competing demands include accommodating the large numbers of vehicles parked on streets both during the day and at homes. [3] Paid parking aims to manage excess demand and attract shoppers, but closed shops may be related to double yellow lines and restrictions. Proximity and goods/services available are bigger factors for shop