The Wall Street Journal highlights a study by Clemson University economists Peter Blair and Bobby Chung which purports to show that occupational licenses, which legally permit workers to do certain jobs like barbering or pest control, reduce income inequality between men and women and between whites and African Americans.

According to the report, occupations that require licensing see a decline in wage inequality between men and women between 36% and 40%, and a decrease between black men and white men of 43%.

Why it matters: Occupational licensing has been criticised by both Democrats and Republicans as unnecessary barriers erected by vested interests to keep new entrants out of the market, which reduce employment and raise prices. But Blair and Chung argue that they also enable workers who are discriminated against an opportunity to signal their competence to prospective employers.

Go deeper

Scoop: Don Jr. plans convention-week Biden book

Cover via Don Jr.

Donald Trump Jr., in quarantine since girlfriend Kimberly Guilfoyle tested positive for the coronavirus, says he's used the time to finish a book that he'll self-publish the week of the Republican convention, at the end of August.

What he's saying: Don Jr., whose controversial blasts connect with President Trump's base, told me in a phone interview that "Liberal Privilege" will be his effort to paint a picture of Joe Biden and his record that the press ignores.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 12 p.m. ET: 12,553,591 — Total deaths: 561,038 — Total recoveries — 6,909,209Map.
  2. U.S.: Total confirmed cases as of 12 p.m. ET: 3,188,982 — Total deaths: 134,130 — Total recoveries: 983,185 — Total tested: 38,856,341Map.
  3. Public health: We're losing the war on the coronavirus.
  4. Food: How the coronavirus pandemic boosted alternative meat.
  5. World: India reimposes lockdowns as coronavirus cases soar.
  6. 🎧 Podcast: Rural America has its own coronavirus problem.

Romney calls Stone commutation "historic corruption"

Sen. Mitt Romney. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Sen. Mitt Romney (R-Utah) on Saturday tweeted a scathing response to President Trump's Friday night commutation of former associate Roger Stone's prison sentence, calling the move "[u]nprecedented, historic corruption."

Why it matters: Romney has emerged as the party's most prominent Trump critic. He sent shockwaves through Washington after announcing he would vote to convict Trump in the impeachment trial — becoming the only Senate Republican to break ranks and vote for the president's removal from office. Now he is the first major GOP lawmaker to condemn Trump's Friday night call regarding Stone.