Wednesday, February 08, 2006

The Quotable Rockwell

All licensed professionals earn more than a market wage;
that is the point of licensure, artificially to decrease supply and raise incomes at the expense of the consumers (and potential competitors).


The evil Flexner Commission, almost a century ago, led to the closing of many medical schools, and the AMA and related cartels have worked hard to keep supply low ever since.
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