Quote Originally Posted by JBMcB View Post
https://en.wikipedia.org/wiki/Regulatory_capture

It's why there are licensing requirements in various locales for interior decorators, casket sellers [[not morticians, just people who SELL caskets) fortune tellers, and people who shampoo your hair.
Allow me to spout my moderate libertarian view here.

Regulation is necessary, but currently often over-used to serve entrenched interests. We need regulation -- but we should only regulate where there is little ability to know what you're getting, and a lot of risk.

Yes, regulate water systems.

No, don't regulate hairdressers.