Occupational Licensing: Another Favorite crony capitalist idea.


For the most part such licenses hurt the poor (who are trying to make a living), hurt the consumer, and chiefly benefit vested interests (not consumers) who want to shut out competition.

(From The Hoover Institution)

Some economists who have studied the issue, including the late Milton Friedman and George Mason University’s Daniel Klein, argue for getting rid of all occupational licensing…

…there’s a strong case for it that is rooted in basic economic reasoning and lots of evidence.

Reprinted from: https://www.ac2news.com/2019/04/occupational-licensing-another-favorite-crony-capitalist-idea/

0 0 vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More from Against Crony Capitalism: