CNN Fareed Zakaria GPS June 8, 2014 14:29:00
Licensed. today, almost one-third of the workforce has to be licensed from fortune tellers to shampooers to florists. many states require a certification before you can practice your profession. and that large rise in credentials has caused a rise in costs for us consumers. according to a paper in the university of pennsylvania law review, occupational licensing can raise wages by as much as 18% and those higher wages get passed on of course to the consumer. more than 800 professions now have to be certified or licensed at the state level. joining what used to be a select group like lawyers an...
Source: archive.org