Government limits competition, and the public suffers
I was thinking of how Government regulations hurt business, but in some industries support archaic overpriced cost structures. A prime example is the practice of law. Open any phone book and you will find that up to 1/4 of the yellow page volume (A-K) is attorneys and their full-page ads. No other classification is as full. Yet the fees they charge are 10-100 times what they would be if the Government did not regulate their practice. An informal study has shown that they are just about as effective as pro-se litigants. Yet this overpriced, parasitic element persists under Government protection to fleece the public. I am not saying that ALL attorneys are bad, but that the practice of law should be deregulated and the system streamlined to encourage more people to defend themselves.
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