For small firms who may lack the financial and legal resources of larger businesses to circumvent or absorb the costs of tariffs, the economic situation is particularly perilous. Only time will tell precisely how much of those costs they can bear. Continue Reading
Occupational licensing requirements now affect over 1,000 occupations, extending beyond traditionally licensed professions into fields such as sales, personal care, and even (in Massachusetts) fortune-telling. This post examines how policymakers can promote entrepreneurship while ensuring consumer safety. Continue Reading
Although controversial, the Trump administration’s efforts to roll back more than 80 environmental regulations may be beneficial for small business and the U.S. economy. Current and future regulations should consider the advantages of a robust small business sector as well as the benefits of environmental protections. Continue Reading