Regulation and Reality
A deep dive into the true purpose of licensing regulations reveals that they may not solely exist to protect consumers, but rather serve the interests of producers. The discussion highlights the paradox of psychic exams and questions the effectiveness of testing skills that should be inherent. Ultimately, the conversation challenges the common perception that regulation is primarily beneficial for consumers, suggesting that producers often stand to gain the most.In this clip
From this podcast
All Else Equal: Making Better Decisions
Ep 13 All Else Equal with Maureen Ohlhausen: "Does Regulation Help or Hurt Consumers?"
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