On Thu, 17 Feb 1994, Howard Ray Lawrence 814 238 9535 wrote:
Perfect markets require perfect information. Very, very, very few
people--even professional real estate developers & builders--have the
information and are capable of assessing the competence of an architect or
engineer.
If there was not STATE licensing, we would probably invent some
alternative way of recognizing a minimal level of competence in a field
e.g. the lender would not give you a loan unless the plans were stamped by
a person who has a certain kind of PROFESSIONAL INSURANCE from
an insuranced company. There are other ways to get to the same result; no
doubt State Licensing has its flaws--the closed guild aspect and all as
some say--but it's not a BAD way to ensure some consumer protection.
Cheers,
David Sucher
Perfect markets require perfect information. Very, very, very few
people--even professional real estate developers & builders--have the
information and are capable of assessing the competence of an architect or
engineer.
If there was not STATE licensing, we would probably invent some
alternative way of recognizing a minimal level of competence in a field
e.g. the lender would not give you a loan unless the plans were stamped by
a person who has a certain kind of PROFESSIONAL INSURANCE from
an insuranced company. There are other ways to get to the same result; no
doubt State Licensing has its flaws--the closed guild aspect and all as
some say--but it's not a BAD way to ensure some consumer protection.
Cheers,
David Sucher