EconomistPunter t1_j9znjxy wrote on February 25, 2023 at 7:13 PM

Reply to comment by LairdPopkin in For marginal occupations licensed by U.S. states, the welfare costs of licensing exceeds the benefits, as workers have to expend resources to obtain the license and consumers pay higher prices. [The study looks at professions that require license in some states but not others]. by smurfyjenkins

And, unfortunately, the existence of unintended consequences to laws, as well as ineffective language, means that implementation often falls short of intention.

This is an important study.

Edit: your mindset would have derided follow up studies to Brown versus Board of Education, which almost uniformly found less than expected Black economic progress, because equal access did not imply equal resources. It’s a terrible mindset.