Planet Money #381: When Business Loves Regulation
Here's an old post from the blog archives of Geekery Today; it was written about 7 years ago, in 2017, on the World Wide Web.
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.
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