Oldest Profession [John Derbyshire]
Prostitution, like drug trafficking, is one of those zones where libertarianism bumps up against the realities of human nature.
To a lover of liberty, it's hard to see why a woman shouldn't sell her favors if she wants to. Trouble is, weak or dimwitted women end up in near-slavery to unscrupulous men, and I think there's a legitimate public interest in not letting that happen.
The best private sector solution would be a guild system, like the geishas had in old Japan. There'd be entry standards for the guild. Women would have to pass exams, and have some entertainment skills other than the obvious ones. The guild would police itself, expelling miscreants. Freelancing outside the guild could be under strong social disapproval, even made illegal.
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