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Occupational licensing

From The Austrian Economics Wiki, the global repository of classical-liberal thought
Revision as of 12:48, 28 November 2010 by 201.214.140.14 (talk)

Occupational licensing is the process of obtaining permission from a government to practice a profession or trade. According to S. David Young, "today at least a fifth, and perhaps as much as a third, of the work force is directly affected by licensing laws" in the United States. Library of Economics and Liberty article on occupational licensing

According to Morris Kleiner: "Occupational licensing has either no impact or even a negative impact on the quality of services provided to customers by members of the regulated occupation. Additionally, as occupations become licensed, members of regulated occupations see their earnings go up." A Primer on Occupational Licensing from the Institute for Justice