03547nam a22004335i 4500001001800000003000900018005001700027007001500044008004100059020001800100024003500118050001600153072001600169072002300185072001500208245021500223250001800438264007900456300006200535336002600597337002600623338003600649347002400685505033700709520162201046650002102668650003402689650001602723650002102739650002602760650003302786700008002819710003402899773002602933776003602959776003602995776003603031856004603067978-3-031-74349-8DE-He21320251030114646.0cr nn 008mamaa241228s2024 sz | s |||| 0|eng d a97830317434987 a10.1007/978-3-031-74349-82doi 4aHD4801-8943 7aKCF2bicssc 7aBUS0380002bisacsh 7aKCF2thema10aReforming Occupational Licensing in the USh[electronic resource] :bReducing Social Costs and Increasing Social Benefits in the Legal, Medical, and Financial Services Professions /cedited by Clifford Winston. a1st ed. 2024. 1aCham :bSpringer Nature Switzerland :bImprint: Palgrave Macmillan,c2024. aXI, 169 p. 4 illus., 1 illus. in color.bonline resource. atextbtxt2rdacontent acomputerbc2rdamedia aonline resourcebcr2rdacarrier atext filebPDF2rda0 aChapter 1: Introduction -- Chapter 2: Can Deregulating the Legal Industry: Significantly Benefit American Society? -- Chapter 3: Is Deregulating the Medical Profession Just What the Doctor Ordered? -- Chapter 4: Balancing Flexibility and Integrity: Reforming Licensing in Accounting and Financial Advising -- Chapter 5: Conclusions. aNearly one-third of US workers must obtain a license from a government agency to perform their jobs legally. This impacts employees across all areas, including lawyers, doctors, and accountants, as well as florists, hairdressers, physical therapists, and plumbers. The justification for occupational licensing is that potential consumers allegedly lack the information and knowledge to judge the competence of a service provider. This necessitates a licensing system built to ensure that customers are served by people who have received adequate training and certification in their profession. While there are recognizable benefits of occupational licensing, the training and certification requirements create barriers to entry for employees or those entering the profession. These barriers can limit competition, raise service costs, and restrict consumer access to essential services. Recent empirical work suggests that consumers have incurred these costs without being adequately protected from incompetent or unscrupulous service providers. This book addresses this situation head on. In light of occupational licensing's shortcomings, the authors of this book propose and analyze constructive reforms, assessing their effects on key professions such as law, medicine, and finance. Chapters identify the significant costs of current policies and they recommend practical reforms that rely more on market forces. The resulting book provides new ways to reduce licensing costs without compromising service quality. Clifford Winston is a senior fellow in the economic studies program at the Brookings Institution. . 0aLabor economics. 0aPopulationxEconomic aspects. 0aIndustries.14aLabor Economics.24aPopulation Economics.24aSector and Industry Studies.1 aWinston, Clifford.eeditor.4edt4http://id.loc.gov/vocabulary/relators/edt2 aSpringerLink (Online service)0 tSpringer Nature eBook08iPrinted edition:z978303174348108iPrinted edition:z978303174350408iPrinted edition:z978303174351140uhttps://doi.org/10.1007/978-3-031-74349-8