Rad Geek People's Daily

official state media for a secessionist republic of one

Planet Money #381: When Business Loves Regulation

Shared Article from NPR.org

Episode 381: When Business Loves Regulation

One in three American jobs require a license. Today on the show, why those licensing rules hurt the U.S. economy.

Jacob Goldstein @ npr.org


The problem is not freed markets; the problem is what Molinari described as owned markets. Owned not because the owners bought them, or won them in competition; but rather through the proprietors’ exploitation of the political process of state regulation.

Advertisement

Help me get rid of these Google ads with a gift of $10.00 towards this month’s operating expenses for radgeek.com. See Donate for details.

Anticopyright. This was written in 2017 by Rad Geek. Feel free to reprint if you like it. This machine kills intellectual monopolists.