Source: Institute for Justice
News
Nov. 22, 2016
Occupational licenses are “one of the most substantial barriers to opportunity in America today,” a new study by the Wisconsin Institute for Law & Liberty (WILL) found. According to WILL’s estimates, licensing laws raise prices for consumers by $1.93 billion each year and results in roughly 31,000 fewer jobs. Over the past two decades, the number of license holders has jumped by 34 percent in Wisconsin. Meanwhile, the number of occupational licensing categories has soared by 84 percent.
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