Words & Numbers

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Insightful weekly commentary on news & current events from economist Antony Davies and political scientist James R. Harrigan.

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When Do-Gooders Do Bad

January 10, 2018

Despite its passage some time ago, recent attention has been brought to the impending implementation of a Washington, D.C., regulation that will require all professional childcare workers to have a college degree. This has raised a great hue and cry as it will ban a number of existing childcare workers from their chosen profession as well as having the effect of dramatically increasing the cost of childcare in the District — which is, incidentally, already incredibly high when compared to the rest of the country. Unintended consequences happen all the time in everyday life, but when legislators and regulators act, the consequences are on a much larger scale. Unintended consequences abound in pretty much every aspect of regulated life to various degrees. Join Antony Davies and James Harrigan as they talk about this and more on this week's episode of Words and Numbers.

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