By Paul Boyce Occupational licensing comes under the guise of protecting the consumer from poor quality service. Professions that require licensing in the US include; nursing, law, dentistry, teaching, accounting, psychology, engineering, and architecture — among many others. This is to ensure that the service received is of a satisfactory standard. Occupational … [Read more...] about Occupational Licensing — An Unnecessary Evil
Employment
Minimum Wage Hikes Are Killing Jobs in California’s Poorest Communities, Study Says
By Tim Pearce California’s minimum wage increase has cost the state thousands of jobs worth of growth in the state’s booming restaurant industry, according to a recent study by the University of California Riverside. Delayed Effects California passed a bill in 2016 to bring the state’s minimum wage up to $15 an hour. For businesses with more than 25 employees, the state’s … [Read more...] about Minimum Wage Hikes Are Killing Jobs in California’s Poorest Communities, Study Says
Trump’s Washing Machine Tariffs Cost Consumers $800,000 Per Job Created
By Mark J. Perry Three economists at the University of Chicago and the Federal Reserve Board studied the effects of Trump’s 2018 tariffs on imported washing machines in a new research paper titled “The Production, Relocation, and Price Effects of US Trade Policy: The Case of Washing Machines” and concluded that (italics added): Despite the increase in domestic production … [Read more...] about Trump’s Washing Machine Tariffs Cost Consumers $800,000 Per Job Created