The High Cost of Occupational Licensing
(From Mises)After compiling a meta-analysis entitled, “Rule of Experts,” S. David Young concluded “…most of the evidence suggests that licensing has, at best, a neutral effect on quality and may even cause harm to the consumers. … The higher entry standards imposed by licensing laws reduce the supply of professional services. … The poor are net losers because the availability of low-cost service has been reduced.”
http://www.againstcronycapitalism.org/
Source: https://www.ac2news.com/2019/08/the-high-cost-of-occupational-licensing/
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