Case in point: the City Council recently began to discuss legalizing street vending in Los Angeles. Sane people everywhere rejoice at this attempt to allow civilization to flourish and also bring an estimated half-billion dollars worth of economic activity out of the shadows and onto the bottom line. There’s a hot dog in the public manger, though.
The BIDs and their minions have leapt into coordinated action! They are in a cyclonic tizzy, explaining fast and loud how the unintended consequences of the sane and harmless choice to legalize street vending will ruin everything. It will e.g. impoverish small businesses, encourage crime, cause the unauthorized commercial use of public trash cans, cause the unauthorized non-use of public trash cans, provide increased funding to criminal street gangs, encourage armed robbery, cause diseases, and even more stuff too weird to list here. Think we’re exaggerating? Read on!
Continue reading Kerry Morrison: Hollywood Businesses too Feeble to Survive Free Market Without Municipally Enforced Draconian Anticompetitive Pinko Racist Regulatory Capture