Higher prices are making this holiday season more difficult for families across the country. Most of the responsibility for reining in inflation sits with the Federal Reserve and Congress, but licensing reform is one way that individual states can help.
We’re feeling the bite of inflation with every purchase at the grocery store and the gas pump. Overall, prices are up 7.7% from a year ago, and food and energy prices are up over 10%. Sure, this dampens our spirit as the holidays are in full swing, but we’ve been feeling the pain when buying the necessities all year. And sadly, it doesn’t show signs of stopping.
Eliminating unnecessary and expensive state licensing barriers can bring down the prices of key services for consumers.
Continue reading at The Washington Times.
Edward Timmons, PhD, is Vice President of Policy at the Archbridge Institute. He leads the institute's economic policy strategy, identifying focus areas and disseminating work to key stakeholders and policymakers. His own research focuses on labor economics and regulatory policy; he is regularly asked to provide expert testimony to U.S. states on occupational licensing reform and the practice authority of nurse practitioners. Dr. Timmons received his Ph.D. in economics from Lehigh University and his B.A. in economics and actuarial science from Lebanon Valley College. He publishes a weekly newsletter on Substack with the latest research and policy insights surrounding occupational licensing.
Conor Norris, PhD, is a regulatory policy fellow at the Archbridge Institute, director of labor policy at the Knee Regulatory Research Center, and a teaching associate professor of general business at West Virginia University. He has shared his research with state legislators and policymakers, authoring white papers and providing expert testimony to state legislatures on occupational licensing reform and the practice of telemedicine. Dr. Norris received his Ph.D. in economics from the Universidad Francisco Marroquín and his M.A. in economics from George Mason University.
Economics of Flourishing
Higher prices are making this holiday season more difficult for families across the country. Most of the responsibility for reining in inflation sits with the Federal Reserve and Congress, but licensing reform is one way that individual states can help.
We’re feeling the bite of inflation with every purchase at the grocery store and the gas pump. Overall, prices are up 7.7% from a year ago, and food and energy prices are up over 10%. Sure, this dampens our spirit as the holidays are in full swing, but we’ve been feeling the pain when buying the necessities all year. And sadly, it doesn’t show signs of stopping.
Eliminating unnecessary and expensive state licensing barriers can bring down the prices of key services for consumers.
Continue reading at The Washington Times.
Edward Timmons
Edward Timmons, PhD, is Vice President of Policy at the Archbridge Institute. He leads the institute's economic policy strategy, identifying focus areas and disseminating work to key stakeholders and policymakers. His own research focuses on labor economics and regulatory policy; he is regularly asked to provide expert testimony to U.S. states on occupational licensing reform and the practice authority of nurse practitioners. Dr. Timmons received his Ph.D. in economics from Lehigh University and his B.A. in economics and actuarial science from Lebanon Valley College. He publishes a weekly newsletter on Substack with the latest research and policy insights surrounding occupational licensing.
Conor Norris
Conor Norris, PhD, is a regulatory policy fellow at the Archbridge Institute, director of labor policy at the Knee Regulatory Research Center, and a teaching associate professor of general business at West Virginia University. He has shared his research with state legislators and policymakers, authoring white papers and providing expert testimony to state legislatures on occupational licensing reform and the practice of telemedicine. Dr. Norris received his Ph.D. in economics from the Universidad Francisco Marroquín and his M.A. in economics from George Mason University.
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