Dave Close wrote:
> Yves Dorfsman wrote:
>
>   
>> You are right, licensing does not eliminate all the bad apples, but I for 
>> one, believe it reduces their numbers. If you go to a doctor, a lawyer, 
>> etc... and believe they do something wrong, there is a procedure to complain 
>> to their professional body, and if needed prevent them from being a 
>> professional. The alternative is to tell everybody you know that you think 
>> they are not good...
>>     
>
> _Capitalism and Freedom_ by Milton Friedman, published in the early
> 1960s, demolished once and for all any reasonable case for licensing of
> anybody. Licensing is nothing more than legalized restraint of trade.
>   

umm, you're suggesting that anyone who wants should be able to open an 
office and practice as a medical doctor? I don't think so.

I think the current meltdown of the U.S. and world economies, and the 
underlying causes, has demolished once and for all the idea that 
deregulation is inherently a good thing and that all will be right 
because the market will self correct. Even Alan Greenspan admitted to 
Congress in October that he was in a "state of shocked disbelief" and 
that there were apparently some errors in his ideas 
[http://en.wikipedia.org/wiki/Alan_Greenspan].


-- 
---------------

Chris Hoogendyk

-
   O__  ---- Systems Administrator
  c/ /'_ --- Biology & Geology Departments
 (*) \(*) -- 140 Morrill Science Center
~~~~~~~~~~ - University of Massachusetts, Amherst 

<[email protected]>

--------------- 

Erdös 4


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