Milton Friedman - Who Benefits From Licensing?
Why Hacker News recommends it
HN cites it in discussions of occupational licensing and rent-seeking as a libertarian argument.
What it is
A short clip of Milton Friedman explaining who benefits from occupational licensing requirements, arguing they mainly protect practitioners from competition.
Recommended by 1 HN commenters across 1 different months, 2015 to 2019.
What Hacker News said
Recommends EGreg · 2016-02 · on “The Rent-Seeking Is Too Damn High”
I think Milton Friedman had some great (albeit biased) lectures in which he analyzed these issues from a consequentialist libertarian point of view: [this video]
Cites tolmasky · 2015-02 · on “Engineering ethics”
The issues discussed in the post are about pretty malicious acts, basically writing spyware and malware. I'm not sure how a Professional Engineer exam will really address this. We are mixing in a lot of unrelated things (tests, apprenticeship, etc) to guise what this actually is: a club where existing members are the gate keepers for new members. This is the circular part, it serves the purposes of the members, not the customers -- notice how the users and customers don't figure into any of the 4 steps you mentioned in licensure at all -- they aren't empowered, they are now "protected" by the very same set of people we determined needing wrangling in in the first place. Aside from the trivia
Cites snagglegaggle · 2019-10 · on “When Medical Debt Collectors Decide Who Gets Arrested”
Careful, "for-profit" healthcare has a lot of government controls on it. Single payer is only obvious after you add a lot of controls to the market. See [this video] and the more complete [LINK] . He explains how regulation eventually results in a centrally planned setup that is less efficient than what used to happen.