Basically limiting competition of a trade means being hard on the trade?
The government licencing practitioners of industry X helps incumbent practitioners of industry X while harming industry X’s customers. The licencing should raise the price and lower the output and innovation of the industry.
Basically limiting competition of a trade means being hard on the trade?
The government licencing practitioners of industry X helps incumbent practitioners of industry X while harming industry X’s customers. The licencing should raise the price and lower the output and innovation of the industry.