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Monday
Feb162015

Will Arkansas Break the Chains of Occupational Regulation?

Do we need regulations that accomplish little or nothing -- except to keep people from working? That is the question posed by HB 1158, which provides for a review of occupational regulation that would preserve health and safety rules but clean up state law of so as to rid it of special privileges for special interests. Our newest paper, HB 1158's Promise: More Arkansas Jobs, Lower Arkansas Prices, explains the historic opportunity that the Arkansas General Assembly has to supercharge our state's economy by adding more jobs and economic growth. The bill would create a statutory right to work that aspiring workers and entrepreneurs could use when overreaching regulators called them into court.

Regrettably, Arkansas’s economy has been victimized by excessive and overzealous occupational regulation more than almost any other state in America. In 2012, the Institute for Justice determined that the state of Arkansas has the second most burdensome set of barriers to job entry in the nation and is the fifth most extensively licensed state in the nation. In short, although Arkansas should be a land of opportunity, it is instead a land of licensure. 

If you, like us, think that is a dangerous trend, take a look at our newest paper and learn what the General Assembly needs to do to jump-start job growth in Arkansas.

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