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Summer School 4: Who are all these regulations protecting?

Planet Money

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Regulations vs. Innovation: The Case of Hair Braiding

This chapter examines the tension between government regulations designed for consumer safety and their adverse effects on economic growth and innovation. Through the story of Justina, who faced licensing barriers in her hair braiding business, it illustrates how such regulations can limit competition and restrict job opportunities. The discussion invites questions about the necessity of these laws and their impact on various professions beyond the well-known fields like medicine and law.

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