Licensing is a peculiar way to address an information problem because information problems are normally solved with direct information policies—disclosure signs, inspections, ratings, fraud suits, general business law—yet the ABA actively discourages ratings of law schools and lawyers, opting instead to tell consumers not to investigate quality because certification handles it.
causalpending
Speaker
Clifford WinstonEvidence Quote
“that is a very sort of strange way to deal with an information problem”
Created: 6/15/2026, 9:26:52 AM
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