What regulated industries or products are better because of regulation?Read more here.
Show your work. And that means justifying your argument in light of the current state of communications.
Melissa Quinn adds at The Daily Signal,
...in 10 places that require hair braiders to get approval from local and state governments, a new report from the Institute for Justice found that occupational licensing requirements have little impact on public health and safety. Instead, they deter hair braiders from entering the profession.
“We need public safety. We need consumer quality. But we also just have to have systems that make sense and let people innovate and let people trying to make it in our society be successful and not have to depend on the government,” Mark Holden, general counsel for Koch Industries and an opponent of occupational licensing, told The Daily Signal.
“Occupational licensing on it’s face, it’s one of those things that makes sense, right? We want to make sure people know what they’re doing,” he continued. “But when you unpack it a little bit and dig down beyond the buzzwords, you see a lot of time it’s really just a rigged system where it’s rent-seeking by those in power to get an unfair advantage over others.”
Occupational licensing refers to the state and local rules that require a job-seeker to get approval from a government-sponsored board before he or she can start working in an occupation.
Many agree that those working in professions dealing directly with public health and safety—doctors, lawyers, and pilots, for example—should need a license to work.
But policymakers have seen an uptick in the number of jobs that now require licenses—jobs like hair braiders, florists, makeup artists, and barbers.
Should Mississippi really have ten times as many hair braiders as New York?
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