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Law Business & Financial

Paradoxes of Professional Regulation

In Search of Regulatory Principles

by (author) Michael J. Trebilcock

Publisher
University of Toronto Press
Initial publish date
Mar 2022
Category
Business & Financial, Econometrics, Public, Money & Monetary Policy
  • Hardback

    ISBN
    9781487543044
    Publish Date
    Mar 2022
    List Price
    $45.00
  • eBook

    ISBN
    9781487543051
    Publish Date
    Mar 2022
    List Price
    $45.00

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Description

Occupational licensure, including regulation of the professions, dates back to the medieval period. While the guilds that performed this regulatory function have long since vanished, professional regulation continues to this day. For instance, in the United States, 22 per cent of American workers must hold licenses simply to do their jobs. While long-established professions have more settled regulatory paradigms, the case studies in Paradoxes of Professional Regulation explore other professions, taking note of incompetent services and the serious risks they pose to the physical, mental, or emotional health, financial well-being, or legal status of uninformed consumers.

 

Michael J. Trebilcock examines five case studies of the regulation of diverse professions, including alternative medicine, mental health care provision, financial planning, immigration consulting, and legal services. Noting the widely divergent approaches to the regulation of the same professions across different jurisdictions – paradoxes of professional regulation – the book is an attempt to develop a set of regulatory principles for the future. In its comparative approach, Paradoxes of Professional Regulation gets at the heart of the tensions influencing the regulatory landscape, and works toward practical lessons for bringing greater coherence to the way in which professions are regulated.

About the author

Michael Trebilcock holds the Chair in Law and Economics in the Faculty of Law at the University of Toronto.

Michael J. Trebilcock's profile page

Other titles by Michael J. Trebilcock