On 8/30/12 09:17, Merrill Oveson wrote: > On Thu, Aug 30, 2012 at 8:26 AM, Adam Barrett<[email protected]> wrote: >> > Maybe we should reconsider all this... make a yearly dues for all >> > members joining after today. > We all laugh, but this exactly how "artificial barriers to entry" come > to fruition. > > Consider for example getting your haircut. > > A number of barbers begin doing business. Business is good. > The barbers are busy and happy and because they are busy, they can > charge more per haircut. > Now others see that there is plenty of business being a barber. So > they become barbers. > Suddenly, the existing barbers aren't as busy as they'd like. > > They form an association. They lobby the legislature. > They say "In order to protect customers against<horror of all > horrors> a bad hair cut, we need to have licensing." > Of course who better to decide who can be a barber than the existing > association of barbers. We were discussing exactly this in #utah a couple days ago. Yes, these comments transcend the original subject, but this is a great illustration of how artificial barriers and licensing can be abused and end up doing more damage than good. Good follow-up.
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