“Bottleneckers” use occupational licensing to screw competitors and innovation in the name of keeping us safe.
To make sure you see the new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe
Whether you’re a doctor, an electrician, a teacher, a cab driver, a hair stylist—even a tour guide!—the government increasingly demands that you get a license before you are allowed to work in your chosen profession.
In the 1950s, only about one in 20 workers needed the government’s blessing to do their jobs. Today, that figure is more than one in three.