On the subject of such conspiracies, Tim Harford argued the following in his 2006 book The Undercover Economist : " ... doctors, actuaries, accountants and lawyers manage to maintain high wages through... erecting virtual 'green belts' to make it hard for competitors to set up shop. Typical virtual green belts will include very long qualification periods and professional bodies that give their approval only to a certain number of candidates per year. Many of the organisations that are put forth to protect us from 'unqualified' professionals in fact serve to maintain the high rates of the 'qualified' to whom we are directed." Category:Social concepts Category:Market failure Category:Social j
On the subject of such conspiracies, Tim Harford argued the following in his 2006 book The Undercover Economist , that " doctors, actuaries, accountants and lawyers manage to maintain high wages through... erecting virtual 'green belts' to make it hard for competitors to set up shop. Typical virtual green belts will include very long qualification periods and professional bodies that give their approval only to a certain number of candidates per year. Many of the organisations that are put forth to protect us from 'unqualified' professionals in fact serve to maintain the high rates of the 'qualified' to whom we are directed." Category:Social concepts Category:Market fail
R
:
, that
D
...
R
failure Category:Social j
fail