Speaking of crowd-sourcing, I’m preparing a post which I’m tentatively titling “50 Jobs There Would Be More Of” and I want to ask for your help. I’m looking for suggestions of jobs whose numbers are constrained by law or regulation. There are lots of them.
The ideal candidates would be jobs that
- are growing in number
- have rising real wages (which suggests their numbers could continue to grow) and
- are constrained in numbers by law or regulation
It’s taking me a while to research this to ensure I’ve got my facts completely right. Sometimes my intuition fails. For example, real wages for physicians and registered nurses are not increasing, at least not over the last decade. That’s a topic interesting of itself—it certainly looks to me as though increases in physician and registered nurse income are closely correlated with increases in the Medicare reimbursement rate but that will take more research.
Meanwhile, I’m looking for suggestions. You may think of things I won’t.
The transportation sector is still too heavily regulated. We could probably have more taxis, and certainly more buses if not regulated so heavily. In the health care sector you could probably have more advanced practiced nurses and PAs, what we call mid-levels if less regulated or at least better regulated. Also, dental techs. At the local level, I suspect we could have more sex workers if it did not face such a heavy regulatory burden, and perhaps we could have a stronger agricultural sector if we legalized drugs.
Steve