Adam Smith Institute Blog - Strangu-regu-lation. Tell me this isn’t the funniest story you’ve heard all day:
I read in the weekend papers that Germany is introducing a new workplace regulation, which insists that businesses must take on at least one trainee/apprentice for every fifteen workers they employ.
An excellent initiative to get young people learning a trade, you might think. But as with all government interventions over the marketplace, there are unintended consequences.
For Germany recently legalized brothels. And, like other businesses, they too are covered by the new law. So for every 15 girls employed, another must be enticed into the trade as an apprentice.
I’m not sure that I’d reach the same conclusions from this that the author does, but it certainly does go to show the importance of wise policy choices.
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