https://youtu.be/mYfH_9arsRk In 1981, the cheapest IBM personal computer cost $4,459 (in 2018 U.S. dollars), or 210 hours of labor. An Insignia tablet and keyboard combo cost $120 in 2018, or 5.6 hours of labor. - Ten Global Trends Every Smart Person Should Know, CATO...
To criticize occupational licensing laws is not to argue that information about the quality of a licensee's services is not important to consumers. However, it is by no means clear that licensing is the most effective way to provide that information. Indeed, licensing...
In the name of protecting public health, California requires that an individual who seeks to perform any kind of hairstyling service must complete nine months (1,600 hours) of classes at a state-approved cosmetology school, at a tuition cost of at least $5,000, before...
The most immediate effect of licensing is to restrict the number of practitioners because of the higher entry costs involved in meeting the qualifications of the activity. Some licenses, as in the cases of cosmeticians and barbers, require many months of schooling....
