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To: staytrue

But what about that half of or so of the American labor force that isn't brain surgeons ? That half or so that does exactly the same work that Ram or Chan or Felix do but at a tenth of the cost. They have NO comparative advantage.

The brain surgeon is in cheap labor paradise because the AMA controls entry into the medical marketplace and will not allow foreign doctors to drive down the fees of American doctors. Everyone else is not.


276 posted on 05/03/2005 9:09:09 AM PDT by Sam the Sham
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To: Sam the Sham
They have NO comparative advantage

Comparitive advantage should be renamed relative advantage. A shoesaleman (think al bundy) can sell shoes and do lawn mowing cheaper than jose. But it will still be in his advantage to sell shoes and hire jose. In other words, do what you do best and outsource(domestically or internationally) the rest. The law of comparitive advantage is really a mathematical description of common sense.

289 posted on 05/03/2005 9:48:41 AM PDT by staytrue
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To: Sam the Sham
the AMA controls entry into the medical marketplace and will not allow foreign doctors to drive down the fees of American doctors.

What medical buildings do YOU go to? ;o)

308 posted on 05/03/2005 10:20:30 AM PDT by iconoclast (Conservative, not partisan.)
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