Informal Economy

The Paradox of India's Informal Slum Economy

This piece from The New York Times goes inside the economic powerhouse of Mumbai's Dharavi slum to profile the informality that both troubles it and brings it prosperity.
1 January 2012 - 1:00pm
The New York Times

The Informal Economy: Michael Jackson Edition

Tue, 07/07/2009 - 07:43

I couldn't resist. I knew it was going to be a madhouse in downtown L.A. for Michael Jackson's memorial service, but I had to go see what it was like -- not because I'm a super fan, but purely for the urban novelty of a huge swath of downtown closed off for thousands of fans and mourners.

But what really struck me as I was wandering around amongst the masses was the huge percentage of them that were neither fans nor mourners. Lined along the sidewalks leading to the memorial's venue were dozens of vendors, selling everything you could think of with Michael Jackson's name or face pasted on. From buttons to t-shirts to hand-painted portraits, the informal economy was booming down at MJ Central.

Los Angeles Taco Trucks in Trouble

Mobile taco trucks in Los Angeles may face tougher fines for parking in any one place for too long if proposed restrictions are passed by the county.
16 April 2008 - 7:00am
The Los Angeles Times
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