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Public Choice Theory And Occupational Licensing
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Book Synopsis Public Choice Theory and Occupational Licensing by : Larkin, Jr. (Paul J.)
Download or read book Public Choice Theory and Occupational Licensing written by Larkin, Jr. (Paul J.) and published by . This book was released on 2015 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Occupational licensing is now one of the most widespread and fastest growing forms of labor market regulation. Occupational licensing requirement generally are defended on the ground that they offset the information disparity between service providers and consumers by guaranteeing a minimal level of qualifications. Over time, however, a large number of federal government officials, scholars, and commentators have criticized the widespread use of occupational licensing requirements. They have argued that licensing requirements benefit licensees, not consumers, by helping to create a cartel that can avoid competition and raise prices. Public Choice Theory is a useful tool for analyzing licensing requirements because it applies microeconomic and game theory to the political process. Doing so gives rise to the remarkable irony that the justification for regulation has come full circle. Originally, the rationale was that government intervention would remedy economic market failures in furtherance of the public interest. Today, we see that government intervention causes political market failures in furtherance of private interests. Government has become the problem, not the solution.That conclusion justifies a re-examination of the constitutionality of many occupational licensing schemes. Then Supreme Court has been unwilling to re-examine the constitutionality of these programs since the new Deal, but there are two grounds that might prove useful. One is the Equal Protection Clause. It requires a rational basis for treating similarly situated people differently. Here, the argument would be that the basis for requiring licenses is due to the operation of political bribery and extortion, which is not a legitimate state interest. The second argument would be that many license schemes vest lawmaking authority in private parties, which the Private Delegation Doctrine forbids.
Book Synopsis The Rule of Experts by : S. David Young
Download or read book The Rule of Experts written by S. David Young and published by Cato Institute. This book was released on 1987-03-01 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: S. David Young argues that occupational licensing results in the misallocation of labor and harms consumers.
Book Synopsis The Theory of Competitive Price by : George Joseph Stigler
Download or read book The Theory of Competitive Price written by George Joseph Stigler and published by . This book was released on 1946 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Preventing Regulatory Capture by : Daniel Carpenter
Download or read book Preventing Regulatory Capture written by Daniel Carpenter and published by Cambridge University Press. This book was released on 2014 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading scholars from across the social sciences present empirical evidence that the obstacle of regulatory capture is more surmountable than previously thought.
Book Synopsis Licensing Occupations by : Morris M. Kleiner
Download or read book Licensing Occupations written by Morris M. Kleiner and published by W.E. Upjohn Institute. This book was released on 2006 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Attempts to present a systematic discussion of the major benefits and costs of occupational licensing to the economies of the United States and several European countries." - page xiii.
Book Synopsis Public Governance and the Classical-liberal Perspective by : Paul Dragos Aligica
Download or read book Public Governance and the Classical-liberal Perspective written by Paul Dragos Aligica and published by Oxford University Press, USA. This book was released on 2019 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on classical liberalism, develops a systematic framework of principles regarding public governance.
Book Synopsis The Prevalence and Effects of Occupational Licensing by : Morris M. Kleiner
Download or read book The Prevalence and Effects of Occupational Licensing written by Morris M. Kleiner and published by . This book was released on 2008 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study provides the first nation-wide analysis of the labor market implications of occupational licensing for the U.S. labor market, using data from a specially designed Gallup survey. We find that in 2006, 29 percent of the workforce was required to hold an occupational license from a government agency, which is a higher percentage than that found in studies that rely on state-level occupational licensing data. Workers who have higher levels of education are more likely to work in jobs that require a license. Union workers and government employees are more likely to have a license requirement than are nonunion or private sector employees. Our multivariate estimates suggest that licensing has about the same quantitative impact on wages as do unions -- that is about 15 percent, but unlike unions which reduce variance in wages, licensing does not significantly reduce wage dispersion for individuals in licensed jobs.
Author :New Jersey. Professional and Occupational Licensing Study Commission Publisher : ISBN 13 : Total Pages : pages Book Rating :4.:/5 (222 download)
Book Synopsis Public Hearing Before Professional and Occupational Licensing Study Commission by : New Jersey. Professional and Occupational Licensing Study Commission
Download or read book Public Hearing Before Professional and Occupational Licensing Study Commission written by New Jersey. Professional and Occupational Licensing Study Commission and published by . This book was released on 1970 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Choice written by Eamonn Butler and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Market failure' is a term widely used by politicians, journalists and university and A-level economics students and teachers. However, those who use the term often lack any sense of proportion about the ability of government to correct market failures. This arises partly from the lack of general knowledge -- and lack of coverage in economics syllabuses -- of Public Choice economics. Public Choice economics applies realistic insights about human behaviour to the process of government, and it is extremely helpful for all those who have an interest in -- or work in -- public policy to understand this discipline. If we assume that at least some of those involved in the political process -- whether elected representatives, bureaucrats, regulators, public sector workers or electors -- will act in their own self-interest rather than in the general public interest, it should give us much less confidence that government can 'correct' market failure. This complex area of economics has been summarised in a very clear primer by Eamonn Butler. The author helps the reader to understand the limits of the government's ability to correct market failure and also explains the implications of public choice economics for the design of systems of government -- a topic that is highly relevant in contemporary political debate. This text is an important contribution for all who seek to understand better the role that government should play in economic life.
Book Synopsis Occupational Licensing by : Margie Castro
Download or read book Occupational Licensing written by Margie Castro and published by Nova Science Publishers. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past several decades, the share of U.S. workers holding an occupational license has grown sharply. When designed and implemented carefully, licensing can offer important health and safety protections to consumers, as well as benefits to workers. However, the current licensing regime in the United States also creates substantial costs, and often the requirements for obtaining a license are not in sync with the skills needed for the job. There is evidence that licensing requirements raise the price of goods and services, restrict employment opportunities, and make it more difficult for workers to take their skills across State lines. Too often, policymakers do not carefully weigh these costs and benefits when making decisions about whether or how to regulate a profession through licensing. In some cases, alternative forms of occupational regulation, such as State certification, may offer a better balance between consumer protections and flexibility for workers. This book outlines the growth of licensing over the past several decades, its costs and benefits, and its impacts on workers and work arrangements. The book recommends several best practices to ensure that licensing protects consumers without placing unnecessary restrictions on employment, innovation, or access to important goods and services.
Book Synopsis The Rule of Experts by : S. David Young
Download or read book The Rule of Experts written by S. David Young and published by Cato Inst. This book was released on 1987 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Occupational Licensing by : Wisconsin. Legislature. Legislative Council
Download or read book Occupational Licensing written by Wisconsin. Legislature. Legislative Council and published by . This book was released on 1970 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Occupational Licensing by : Benjamin Shimberg
Download or read book Occupational Licensing written by Benjamin Shimberg and published by . This book was released on 1982 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Occupational Licensing: Practices and Policies by : Benjamin Shimberg
Download or read book Occupational Licensing: Practices and Policies written by Benjamin Shimberg and published by . This book was released on 1973 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph investigating licensing practices and policies in the USA with respect to occupational qualification - covers paramedical personnel, construction workers, transport workers and service sector occupations, and includes recommendations for improving the institutional framework and the effectiveness of licensing examination and tests. Bibliography pp. 250 to 252.
Book Synopsis The Oxford Handbook of U.S. Health Law by : I. Glenn Cohen
Download or read book The Oxford Handbook of U.S. Health Law written by I. Glenn Cohen and published by Oxford University Press. This book was released on 2017 with total page 1233 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of U.S. Health Law covers the breadth and depth of health law, with contributions from the most eminent scholars in the field. The Handbook paints with broad thematic strokes the major features of American healthcare law and policy, its recent reforms including the Affordable Care Act, its relationship to medical ethics and constitutional principles, how it compares to the experience of other countries, and the legal framework for the patient experience. This Handbook provides valuable content, accessible to readers new to the subject, as well as to those who write, teach, practice, or make policy in health law.
Book Synopsis The Theory and Practice of Occupational Licensing in California by : Donald Kirkland West
Download or read book The Theory and Practice of Occupational Licensing in California written by Donald Kirkland West and published by . This book was released on 1962 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Why States License in the US by : Glenn R. Parker
Download or read book Why States License in the US written by Glenn R. Parker and published by Palgrave Macmillan. This book was released on 2022-07-25 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book dissects the causes and consequences of state licensing of businesses, services and occupations in the USA. Licensure is the granting of a permit from an authority to own or use something, to provide a particular service, or to carry out a trade. By and large, states rule industry licensing. Yet state differences in licensing requirements are far from idiosyncratic. In short, there is a political side to state licensing that has largely gone uncharted. This book rectifies this omission. Adopting a multidisciplinary approach, it illuminates the significance of politics to the study of state licensing by establishing the relevance of legislator motives and preferences. Presenting economic and political data for US states, including extensive data on campaign contributions, lobbying, and state licensing statutes, it demonstrates that state licensing requirements are driven by political motivations rather than protecting the public interest. It will appeal to scholars and students of public policy, public administrators, industry lobbyists, economists and political scientists who are interested in understanding the motivations behind regulations.
