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Milton Friedman - Who Benefits From Licensing?

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Milton Friedman - Who Benefits From Licensing?

A short clip of Milton Friedman explaining who benefits from occupational licensing requirements, arguing they mainly protect practitioners from competition.

HN cites it in discussions of occupational licensing and rent-seeking as a libertarian argument.

3 Hacker News mentions · 2015–2019

Topics

  • Microeconomics & behavioral economics
  • Law, policing & justice

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