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Words: | Submitted: Tue Jun 20 2006
... disadvantaged workers out of the marketplace. Occupational licensing makes it harder for poor people to enter a variety of trades, such as driving a cab. Trade barriers to protect selected industries push up the cost of clothing, food, shoes, and a host of other goods. Antiquated building codes that guarantee construction jobs increase housing costs. Expansive government transfer programs enrich influential voting blocs such as farmers and retirees at the expense of the poor and middle class. In a true market economy, those with the least influence can still gain access to economic opportunity. The more expansive the government controls, the more likely are concentrated interest groups to twist policy to their own ends, to the detriment of the most disadvantaged in society. In contrast, government welfare programs have turned out to be counterproductive, subsidizing illegitimacy, fostering family break-up, and discouraging work. It is not my intention to prove ...
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