Milton Friedman - Who Benefits From Licensing?
What it is
A short clip of Milton Friedman explaining who benefits from occupational licensing requirements, arguing they mainly protect practitioners from competition.
Why Hacker News recommends it
HN cites it in discussions of occupational licensing and rent-seeking as a libertarian argument.
- 1 people recommended it
- 1 different months
- 0 strong recommendations
- first 2015, last 2019
What HN commenters said
“I think Milton Friedman had some great (albeit biased) lectures”
Friedman's libertarian analysis of occupational licensing
EGreg, 2016-02 · Recommendation · in “The Rent-Seeking Is Too Damn High”
Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.
Topics: milton friedman, licensing, regulation, economics, rent-seeking
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