Will the Feds Make Occupational Licensing Worse?
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 1 October 2018
⏱️ 20 minutes
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| 0:00.0 | This is the Cato Daily Podcast for Monday, October 1st, 2018. |
| 0:05.0 | I'm Caleb Brown. Occupational licensing continues to provide hurdles to success for so many Americans. |
| 0:11.0 | What states are leaders in reform? |
| 0:13.5 | At least one federal agency is now pondering, facilitating |
| 0:16.8 | reciprocity among states. |
| 0:19.1 | Is there any reason to expect that to lead to less licensing of American workers. |
| 0:23.7 | Lima Graf is Senior Legislative Council at the Institute for Justice. |
| 0:27.6 | We spoke recently in Louisville, Kentucky. |
| 0:30.1 | In recent decades, people who were required to have a license to do a job has gone from 5% to 25%. |
| 0:40.5 | That's 1 in 20 to 1 in four. And this has all sorts of implications for the |
| 0:46.8 | economy. It has a lot of implications for criminal justice and we might get into |
| 0:51.5 | some of those. |
| 0:53.6 | But as it stands right now, are there states that are waking up to the fact that their economies |
| 1:00.4 | could be fairly dramatically improved in substantial ways if they were to adopt a |
| 1:07.8 | deep digging heavy lift of looking at occupational licensing pretty much across the board. |
| 1:16.4 | States across the country have recognized that occupational licensing is the biggest |
| 1:21.0 | labor market institution in their states. |
| 1:25.0 | You hear lots of debate about the minimum wage or right to work in unionism, but only about 2% of workers earn the minimum wage and now only about 11% of workers |
| 1:39.1 | are members of unions. The big labor market institution is occupational licensing and it is a |
| 1:47.6 | costly and I would argue ineffective way of protecting consumers and so you have a large and |
| 1:57.3 | expensive and counterproductive institution making it more difficult for people to work and consumers to choose |
| 2:05.2 | the suppliers that they want. Are there any states that are looking at this in a |
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