Untangling Hair Braider Deregulation in Virginia
We estimate the effects of removing the license requirement for hair braiding in Virginia in 2012. Using County Business Patterns and Nonemployer Statistics data from 2004 through 2014, we find [...]
Dispelling Three Myths About Occupational Licensing
Myth: All licensing is necessary to protect public safety. Proponents often argue that the dramatic growth in occupational licensing is necessary to ensure consumer safety. However, the body of available [...]
The Economics of Occupational Licensing
It should be noted parenthetically that, while licensing causes the mean quality of legal practitioners to rise, by excluding those at the lower part of the qualitative range who could [...]
Occupational Licensing and the Supply of Nonprofessional Manpower
This monograph presents the results of an Educational Testing Service study, studies by the Council of State Governments, and research by the Department of Labor staff on State occupational license [...]
The Abuse of Occupational Licensing
Occupational licensing is invariably justified as a means of protecting the public against incompetent and dishonest practitioners. The effect of mandatory licensure, however, is often to restrict entry into an [...]
An Examination of the Economic Side Effects of the State Licensing of Pharmacists
All of the regressions and test statistics generated to ascertain the effects on pharmacist availability consistently revealed the following: (1) Pharmacist-population ratios, the proxy for pharmacist availability, were found to [...]
Antitrust Immunity and the Economics of Occupational Licensing
The proposition that the common law tends to evolve in the direction of economic efficiency has been advanced by Posner and others. This proposition implies that, over time, legal precedent [...]
The Costs and Benefits of Occupational Regulation
This paper examines the costs and benefits of occupational regulation. Over 800 occupations arc licensed by at least one of the fifty states. When properly designed and administered, occupational licensing [...]
Licensing Occupations: Ensuring Quality or Restricting Competition?
Consistent with general growth in wage inequality over the period, the greatest wage growth occurred in licensed occupations with the highest levels of income. Wage growth in the U.S. economy [...]
The Economics of Occupational Licensing: Applying Antitrust Economics to Distinguish Between Beneficial and Anticompetitive Professional Licenses
Licensing laws can both serve the public by protecting consumers and harm competition by erecting unnecessary barriers to entry, but what has been missing from the legal analysis is that [...]