4 ms·

Because then you need an acupuncture badge quality quality badge, and so on.

• thaumasiotes 5y ago
  That implies that we currently need QA organizations who rate government licensure schemes on their accuracy and informativeness. How often have you checked for those? You've completely failed to distinguish a legal licensure scheme from an independent endorsement scheme.
  • handrous 5y ago
    > You've completely failed to distinguish a legal licensure scheme from an independent endorsement scheme. I mean, the key difference is that with a market solution you're policing one market with another that's even harder for consumers to evaluate than the first one, and consumer choice is what (supposedly) keeps markets in check, so all you've accomplished is making the situation worse. At least using government changes the mechanism by which we apply pressure to the regulators, and their incentives, rather than presenting a worse version of the same thing, so it has the potential to be an improvement.