Smallish Gain But Ivory

Want a job? Get a license.

Would it surprise you to know that 29 percent of the U.S. workforce has a job requiring a license, up from 5 percent in the 1950s?

Would it further surprise you to know that the economic consensus is that licensing raises prices, restricts job opportunities from the less privileged, and offers little or no quality improvement in service rendered?

And would it surprise you to know, lastly, that the ivory tower has essentially turned a blind eye to this research?