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It's a problem for lawyers, accountants and doctors.

Except they don't have any of my sympathy because they have officially-recognized bars, certifications, and boards to ensure they are paid what they are actually worth. Because of this, the advice they get solicited for comes from respect, not because what they do "must be easy".



they have officially-recognized bars, certifications, and boards to ensure they are paid what they are actually worth.

Or to put it another way, to artificially erect barriers to entry that ensure they get paid more than they would in a freer market.


You know how sometimes you hire a guy from a hemisphere you've never even heard of for a project, and when he delivers, it's nothing at all like you requested, riddled with bugs, and randomly crashes?

Now imagine that guy representing you at a murder trial.

I like the barriers.


Yes, licensing regulations also serve a useful purpose. But having the details of those regulations determined by the guilds themselves (rather than external authorities) is a lousy way to achieve that purpose. Why do I have to visit a dentist to have my teeth cleaned, rather than a dental hygenist? Why can't registered nurses or nurse practitioners provide basic medical care except under the auspices of a doctor? Because the rules are set by groups that represent the doctors and dentists.

It's also worth remembering that plenty of indigent people in this country are effectively represented by 'that guy,' including in murder trials. Look at the cases of Calvin Burdine or George McFarland, both of whose court-appointed attorneys slept through their trials. Are those barriers really doing what you want them to do?


That artificial barrier also happens to screen out a lot of unqualified people - which would be lowering the market clearing price otherwise. I posit that these barriers have no real effect on middle and top tier professionals in these fields.

The top computer programmers also make as much as top lawyers and doctors - possibly more if you count entrepreneurs.

It's not so much a price / cost issue as it is a respect issue. Can you imagine how the legal or medical profession would suffer if anyone off the street could claim to be a lawyer or doctor and get hired for the job?


That reminds me of the time when a new neighbor moved in. The first thing he did after he mentioned that he was a doctor, was to inform us that he didn't want us coming to him for advice or prescriptions unless it was a crisis.

Later that year he came to me and complained that his computer was slow, and wondered if I could look at it...


So how much did you charge him?


It's a problem for anyone whose work is based on offering services.

My dad is a contractor, and my mom is an interior designer. Family members, people from church, and random people alike assume that means that they can come fix whatever little problem they're having, or pick out drapes and furniture for their living room.


My sister in law is a doctor, and she's saved me thousands of dollars and tons of time over the years. Now when I get bitten by a tick she can just call in my antibiotics to walgreens. I'd happily pay her a consulting fee if she wanted. I wish more doctors offered round the clock 5 minute phone calls.




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