Forcing rejected law school applicants into other professions pushes down wages in those fields, lowering the cost of those activities and causing society to over-consume them—a labor-market distortion caused by restricting legal entry.

causalpending

Speaker

Russ Roberts

Evidence Quote

which pushes down the wages in those fields which makes those activities less expensive which means we do too much of those things

Source

Clifford Winston on Lawyers 09/5/2011EconTalk
Created: 6/15/2026, 9:26:52 AM

My Notes

Loading notes...