In a free market, that’s true, but the AMA restricts the domestic production of doctors by preventing the accreditation of new medical schools. That is why we have more doctors, but they’re from abroad.
Great book: Paul Starr’s “Social Transformation of American Medicine.” It took 75 years to recover from the glut of doctors the Civil War produced.
And that is why medical costs are so high. They should let anyone who can pass the exams and goes through residency be a doctor
We have 206 law schools and only 179 medical schools.
There are a quarter million doctors and 1.22 million lawyers.
55,000 people become lawyers each year. 27,000 become doctors.
Yet how many people see a doctor every year vs. how many people see a lawyer?
There is something drastically wrong with these numbers.