Morris Kleiner weighs in on the outcomes of licensing regulations.
Notice Kirkpatrick said "licensed" barber. The implication is that the licensing signals to the customer that a certain level of quality can be assured by the government's stamp of approval. Yet according to Morris Kleiner, "Occupational licensing has either no impact or even a negative impact on the quality of services provided to customers by members of the regulated occupation. Additionally, as occupations become licensed, members of regulated occupations see their earnings go up."