The Food Truck Farce

 This article originally appeared at the Weekly Standard. Click here to read the full story.

By Ike Brannon

About a year ago, the government of Washington, D.C., introduced a lottery system to allocate lunch hour parking spots for the city’s booming food truck industry. The one-year retrospectives have been almost uniformly positive, with the government, the media, and the food truck vendors themselves declaring it a rousing success.

I beg to differ.

Simply put, there’s an efficient way to allocate these slots — often located in highly desirable areas — in a way that doesn’t involve allowing for-profit companies to use scarce government property worth millions of dollars while paying only a pittance.

 This article originally appeared at the Weekly Standard. Click here to read the full story.