Occupational Licensing: Rocky Balboa Fights the Rent-Seeking Society
By Art Carden
Occupational licensing is an issue that has come to the fore in recent weeks. Matt Yglesias has written extensively against occupational licensing, and James Bessen offers a card stack on licensing for Vox.com. Daniel J. Smith of Troy University’s Johnson Center offers a study of licensing in Alabama for their project Improving Lives in Alabama. I weighed in on the debate for AL.com here.
Here’s one of the best arguments against licensing I’ve seen, and it comes from Sylvester Stallone playing Rocky Balboa. I’ll let Rocky speak for himself.