A healthy economy requires a fluid labor market. Even when total employment and output are stable, the labor market is in constant motion. Jobs disappear when firms close or downsize. Other jobs appear when new firms open or old ones expand. People move freely from one job to another in search of career advancement or ... Read more
The post How Occupational Licensing Undermines Labor Fluidity appeared first on EconoMonitor.
Nothing contributes so much to the prosperity and happiness of a country as high profits