Do Singaporeans Believe in Free Markets (for Lawyers)?
Posted by inspir3d on August 21, 2006
“I agree with the view that the government’s micromanagement of the market for lawyers is doomed to fail. There will always be unforeseeable events that will make any government prediction inaccurate, particularly since it takes several years to train a new lawyer. However, I think that this line of argument is misplaced. The problem is not poor forecasting skill, it is the interference in the market in the first place.” …more (Singapore Economist)
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