Study: Occupational Licensing has no effect on consumer choice
A recent NBER research paper has added to the research showing that occupational licensing plays no role in consumer satisfaction.
A recent NBER research paper has added to the research showing that occupational licensing plays no role in consumer satisfaction.
Some occupational licenses can be justified in terms of improved outcomes, but many others cannot. The trick is to tell which is which and design an appropriate regime where licenses…
New research suggests that the average net social value of occupational licensing is negative: The social cost of reduced labor supply exceeds the social benefit from consumers higher willingness to…
“Why should we have to now jump through all these hoops and pay thousands of dollars to be able to do what we were already doing over here?” Good question.
Occupational licenses harm economic growth, are about protecting producers, not consumers, and have been increasing in extent in Minnesota in recent years. The fight to license our music therapists illustrates all…
Americans move around less than they used to. Research suggests that expanded occupational licensing requirements and more expensive housing have contributed to that. That is a problem for the US…
While Minnesota's occupational licensing environment might not be as challenging as in some other states, there is room for improvement and, at the very least, the growth of recent years…
Most regulation isn't about protecting the public or the consumer, it is about protecting producers at the expense of the public and the consumer. Occupational licensing is no different.
Minnesota ranks 11th nationally for increases in occupational licensing requirements. What would really be in the 'public interest', is to get us down that ranking.
Occupational licensing requirements are presented as 'consumer protection' but really only protect producers, making us all worse off. Minnesota has, traditionally, had an accommodating environment but between 2012 and 2017,…
New research suggests that high housing costs in rich areas and occupational licensing requirements are an obstacle to the geographic mobility of Americans. This, in turn, is a barrier to…