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Streets of Dreams: How Cities Can Create Economic Opportunity by Knocking Down Protectionist Barriers to Street Vending

February 23, 2012 Comments off

Streets of Dreams: How Cities Can Create Economic Opportunity by Knocking Down Protectionist Barriers to Street Vending
Source: Institute of Justice

Street vending is, and always has been, a part of the American economy and a fixture of urban life. Thanks to low start-up costs, the trade has offered countless entrepreneurs—particularly immigrants and others with little income or capital—opportunities for self-sufficiency and upward mobility. At the same time, vendors enrich their communities by providing access to a wide variety of often low-cost goods and by helping to keep streets safe and vibrant.

With the booming popularity of food trucks selling creative, cutting-edge cuisines, as well as a sagging economy, interest in street selling is perhaps greater than ever. Nonetheless, complicated webs of regulations in cities nationwide tie up would-be vendors, making it needlessly difficult or even impossible to set up shop in many cities.

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