The Hidden Cost of Licensing
Why does it take so much longer to become a licensed painter than an EMT? Senior Fellow from the CATO Institute Michael Tanner discusses the hidden costs of occupational licenses including jobs lost and higher prices for consumers. Stay tuned to hear his policy recommendations and conclusions about public safety.
Thank you to our sponsor NBI.
Sources:
- CATO article by Michael Tanner and Kelly Lester ‘Occupational Licensing Reform Moves Forward’
- US Bureau of Labor Statistics - ‘The Employment Situation July 2020’
- Institute for Justice - ‘At What Cost’ video
- Mercatus Center article by Patrick McLaughlin, Matthew D. Mitchell, and Anne Philpot ‘The Effects of Occupational Licensure on Competition, Consumers, and the Workforce’