“In the ’80s, the city capped the number of carts and trucks at 3,000.  Technically, a permit for a food cart or truck is not transferable, but vendors regularly pay permit holders something like $15,000 to $20,000 to lease their certificates for two years.  I was reminded of corrupt countries that I’ve visited, like Iraq and Haiti, where illogical and arbitrarily enforced rules create the wrong set of incentives. Perhaps the biggest winner in our current system is an obscure type of business known as an authorized commissary. By city law, every food cart and truck must visit a licensed commissary each day, where a set of mandated cleaning services can be performed.”

http://www.nytimes.com/2013/05/12/magazine/the-food-truck-business-stinks.html?hp&pagewanted=all&_r=1&

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy