Stages of Occupational Regulation

Following up on the success of his previous volume, Licensing Occupations: Ensuring Quality or Restricting Competition? (W.E. Upjohn Institute, 2006), Morris M. Kleiner brings us a book that expands our knowledge of occupational regulation by showing how varying stages of regulation impact those in the occupations, closely related occupational practitioners, and, ultimately, consumers through the quality and cost of services provided. Overall, the analysis and evidence presented here demonstrate how labor markets work in the face of varying levels of government regulation. Therefore, this is a must-read for anyone with an interest in the workings of the U.S. labor market or of labor markets in other more-developed economies.