Word: lobsang
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Dates: during 1970-1979
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Lucrative business, this, largely because there is almost no overhead, no rent, and, usually, no taxes. New York police estimate that a general-merchandise peddler makes an average of $15,000 a year; some boast of taking in $1,000 a day. Lobsang Khendup, 46, an enterprising wood-crafter in San Francisco, supports a wife and three sons on annual street sales of $22,000. "What better job is there?" asks Ellie Cohen, 29, who sells her own home-baked goods in Miami in the whiter and in Portsmouth, N.H., in the summer. " work for myself. If I get tired...