My grandmother was a Floridian and a widow who supported two children on a barber's income, cutting hair in her own home. This way, she kept her business overhead low and was able to be home for her kids while earning money. Nowadays, a single mother would have to take out a loan just to get the education required to cut hair. And then she can forget about setting up a business in her own home. Occupational licensing makes entrepreneurship an extremely difficult proposition for people in the lower economic strata.

And it's all due to economic collusion. If you want to ensure that you and your cronies will never have to worry about competition from cleverer, nimbler entrants into your market, there's only one thing to do: demand that the government license your trade or profession.