The Cost of Barber Licensing

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Apparently, Brown University has at least one student, Austin Rose, who is skeptical of occupational licensing:

As dubious as the costs of freedom are, the costs of licensing are pretty staggering. Licensing of barbers reduces the probability of a black individual working as a barber by 17.3 percent, according to a study published by the Mercatus Center at George Mason University. Every 100 hours of training required adds $2.15 to the price of beauty salon visits. Licensing, by making it more difficult for job-seekers to enter new lines of business and employment, harms social mobility. And, as an Obama White House report notes, low-income entrepreneurship activity takes a hit as well.

Of course, our institutions of higher education layer on much more economic miseducation than one op-ed can correct.

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  • Rhett Hardwick

    ” Licensing of barbers reduces the probability of a black individual working as a barber by 17.3 percent”

    I recall, that as a kid, all the barbers I encountered in Virginia were black. No idea of licensing requirements.

  • Fox News Watcher

    The gubment won’t allow me to practice as a neurosurgeon without a license. Why won’t they let me freedom and prosper?

    • Rhett Hardwick

      The reason is simple, if you cut off someone’s neuro, it won’t grow back

      • Mike678

        It’s instructive to hear for the left side of the Bell curve, isn’t it? :) Makes me feel good about staying in school.

        • Rhett Hardwick

          Let the Bell curve ring.

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