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Apr. 19, 2003
In a Bind
Forum Column - By James Acret - Licensing laws are anathema to libertarians. The Nobel Prize-winning economist Milton Friedman makes a convincing case that licensing medical doctors restricts the supply of people who can legally supply medical services so as to increase the price paid for such services. Friedman argues that consumers would be healthier and wealthier if free to choose from a variety of health professionals selected by the free market.
By James Acret
Licensing laws are anathema to libertarians. The Nobel Prize-winning economist Milton Friedman makes a convincing case that licensing medical doctors restricts the supp...
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