Sunday, August 24, 2008

Regulations are ruining America

From the Foundation for Economic Education's In Brief:

News & Commentary
The Right to Earn a Living Under Attack
8/21/2008
In Louisiana it is illegal to sell and arrange flowers without permission from the government. Aspiring florists must pass a subjective licensing exam that is graded by existing florists, who have a direct incentive to keep new competitors from entering the market. Thus the failure rate is higher than that of the Louisiana bar, which results in hundreds of well-qualified would-be entrepreneurs being denied the ability to work in their chosen profession. No one can honestly believe that Louisiana's flower cartel is necessary to protect consumers from renegade flower sellers. Rather, it is a classic case of protecting favored groups at the expense of consumers and entry-level entrepreneurs.
More . . .
A NEW article by Bob Ewing

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