"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
WHAT INFORMATION COULD HELP IN ANALYZING REGULATION? Is There a Problem to Be Fixed?
Submitted by Eric Field on Wed, 2013-04-17 00:00
in
In nearly all of these studies, the prices of goods or services supplied by the profession increase as a direct result of regulation of the providing profession, sometimes by as much as 100 percent. The lesson is clear: consumers have a lot at stake in occupational licensing regulation.
The Mercatus Institute puts hard data behind the Austrian assertion that business liscensing usually harms participants.
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