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Is there any evidence that licensing regulations actually benefits public health and safety?

I know that is the intent of licensing, but intention does not guarantee results. AZ recently passed a law that legally recognizes people's professional licenses from other states. There has been pushback that this will negatively affect public health and safety.

plebeian_lobster 6 Apr 24
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Licensing is about protecting a revenue stream . It is basically a protection racket

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Medical errors are the 3rd leading cause of death in the United States, and medical licensing is one of our most strict licensing procedures .... so, no, government licensing doesn't guarantee consumer safety.

[cnbc.com]

Would no medical licensing be a good thing?

@plebeian_lobster Medical errors literally can only go two spots higher on the list - they're already the 3rd leading cause of death of in the United States. In other words, we have more wrong than we have right with regards to the safety of medical patients. Is medical licensing really accomplishing anything?

My uber-libertarian suggestion would be eliminate all licensing requirements everywhere, and instead require insurance. Let the free market determine who is, and isn't, good enough to provide a service, by charging insurance premiums appropriate for the risk that their performance incurs.

@jneedler That is a pretty good idea.

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Regulations are created because consumers have incurred harms and sought redress, because producers desire restrictions on who may enter the market as competition, or because bureaucrats and accrediting agencies seek rent. It's almost never the case that regulations are honestly evaluated by disinterested parties for efficacy regarding actual general welfare.

It's like the taxi medallions. Restrict supply to keep prices artificially high. Then Uber blows it all up and proves beyond a shadow of a doubt that it was not because of consumer protection.

What does the government do in its licensing of barbers and hairdressers? I've known people who could do a great job at it without a day of structured training -- they just couldn't legally sell their service.

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