Professor Mark J. Perry's Blog for Economics and Finance
Posted 7:47 PM Post Link
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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.
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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.
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