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IPFS News Link • Entrepreneurship

How Cities Stifle Upward Mobility Through Street Vending Regulations

• forbes.com

People with the combination of ambition to improve themselves and at least one good idea for a product or service others desired could start a small business and then build on their success. (A fascinating book that recounts many of those success stories is They Made America by Harold Evans.)

Today, however, it is much harder to start from scratch and achieve prosperity through business. One reason is the siren song of government dependence. Supposedly compassionate welfare policies lure in many people with their hand-outs. Once they're in the orbit of the State, few people escape.

Another reason is that those who do have the drive to work toward prosperity encounter numerous legal obstacles that add to the cost and risk of entrepreneurial ventures. Many of those who "made it" in the past would today crash on the rocks of federal, state and local laws–laws that often are motivated by the desires of existing businesses to hinder new competitors.


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