Tuesday, November 23, 2010

If You're On Martin Luther King, There's Some Violence Going On Mundane Economic Activity

A study from 2007 suggests that, to a first-order approximation, economic opportunity on streets re-named after Dr. King aren't that much different from the cities where they're located. In the South, they're somewhat tilted towards super-small businesses, and overall the composition of employers is different (more funeral homes, bail bondsmen,and  barber shops; fewer professional services), but as measured by crude revenue figures, businesses on MLK are able to support employment that's fairly typical for city living.

Hat tip to Ryan McNeely, who I am unable to find a good link to.

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