Clifford Winston
Autor von Government Failure versus Market Failure: Microeconomic Policy Research And Government Performance
Über den Autor
Clifford Winston is a senior fellow in Economic Studies at the Brookings Institution. His previous books include Aviation Infrastructure Performance and Government Failure versus Market Failure, both published by Brookings.
Werke von Clifford Winston
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Wissenswertes
- Gebräuchlichste Namensform
- Winston, Clifford
- Geburtstag
- 1952-08-04
- Geschlecht
- male
- Ausbildung
- University of California Berkeley (AB|1974)
London School of Economics (MSc|1975)
University of California Berkeley (PhD|1979) - Berufe
- economist
Applied Microeconomist
Senior Fellow (Brookings) - Organisationen
- Brookings Institution
Mitglieder
Rezensionen
Statistikseite
- Werke
- 9
- Mitglieder
- 41
- Beliebtheit
- #363,652
- Bewertung
- 3.0
- Rezensionen
- 1
- ISBNs
- 21
These entry barriers where put in place to prevent consumers from getting poor service. Rather then eliminate poor service, these barriers increased the income lawyers obtain as there is more demand for law while a very limited supply. The authors express that the increased salaries are not the result of doing higher quality work. Eliminating the entry barriers not only allows for consumers to judge the quality of legal services they obtain at the appropriate price that does not privilege wealth over justice, and forthcoming lawyers can practice law without just getting an academic experience.
This book has powerful ideas but they will resonate mostly with those who already see entry barriers as costly to social welfare. There is a huge reliance on statistics and explaining the statistics in granular detail, but a lack of explanation to many of the qualifiers. There is some history and building an understanding to the problem of entry barriers, but most reasoning is introduced without any forthcoming explaining to their importance. Those who are trained in economics will easily understand the issues.
Lawyers represent a very powerful interest group which can effectively lobby for policies which facilitate increased salaries but at a cost of society welfare. Entry barriers prevent high quality and appropriately priced services to compete with the interest group. Lawyers are important in society and some services would require a law degree, but the few small cases which require extensive training should not prevent the completion of the majority of tasks to be completed by those who do not have the degree.
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