Cartel Nation: Barriers to Entry Stunt Job Growth
"Consider this fact: In the 1950s, only 1 in 20 American workers needed the government's permission to work; today, that figure is nearly 1 in 3. So much for the Land of Opportunity."
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Monday, April 04, 2011
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
Previous Posts
- MIT's BPP Monthly Inflation Rate Has Been Falling
- Jobs, Jobs, Jobs, Jobs
- Random Monday Links
- Another Name for "Trade Deficit" is "Capital Accou...
- A Fraudulent "Ph.D" in California With Politically...
- Quotes from Yesterday's Wall Street Journal
- Why Wearing a Baseball Cap Backwards is Dumb
- Markets In Everything: Princess Boot Camp
- Don Boudreaux: Don't Fear the Trade Deficit
- Snarky Fashion Rant: Guys Wearing Shorts in Winter
3 Comments:
The US is nowhere near what it used to be. To improve it needs to dump most of the regulations that control the daily economic lives of its citizens but that will not be easy given the support that progressives have among the parasite class.
I predict much growth in licensing because of the revenue stream for governments.
This is a great post.
I have to say, lawyers are the worst offenders. You have to have a license to practice law, but to get a lawyer to rep you in court in $200 an hour minimum, but $350 an hour or more usually.
If someone sues you, you have no choice but to hire a lawyer. Courts move with the speed and deftness of a dead rhino.
No one in the entire legal system ever wants to make it more efficient.
Post a Comment
<< Home