Larry Miller and Stanley Hambrick are proof positive of what entrepreneurship can achieve. For over 20 years, they’ve sold jerseys, shirts, hats, and snacks to excited Atlanta Braves fans. With very little start-up capital, these two men have built successful businesses from scratch. Hambrick put his kids through college. Miller bought a house and continues to provide for his children and grandchildren. But for the past seven months, Miller, Hambrick, and other vendors in Atlanta have been unable to provide for their families.
Rather like Ahab and the white whale, the city of Atlanta has been obsessed with running street vendors out of business. Back in 2009, Atlanta handed over all street vending to a multibillion-dollar corporation. With a city-backed monopoly, rent skyrocketed from $250 a year to almost $20,000 a year. Unable to afford these exorbitant rents, 16 vendors lost their jobs. [Read full article here].