Frank Stephenson on Occupational Licensing and Labor Economics

Frank Stephenson discusses his 2009 EJW article with Erin Wendt on the scant coverage of occupational licensing (OL) in labor economics textbooks. The scantiness raises interesting questions, given the large and growing role of OL in the economy, and the value of the topic in teaching economic insights. Stephenson reports that, since the article appeared, two of the in-print texts that had entirely neglected OL have been revised to include some coverage of OL. Stephenson has also written a short update about those two revised textbooks.