Economics @ ITT

Do crazy licensing rules kill entrepreneurship?

Posted in economics, employment by ittecon on May 21, 2012

All states—though not the anarchic United Kingdom—require barbers to be licensed, but the specific requirements seem to vary arbitrarily. New York barbers need 884 days of education and apprenticeship. Across the river in New Jersey, it’s 280. But getting one’s hair cut in New Jersey (to say nothing of England) is hardly a life-threatening gamble.

Taxes don’t kill entrepeneurship. Crazy licencing rules do. — Matthew Yglesias, Slate.com

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