New medical schools must be allowed by the American Medical Association, artificially capping the number of doctors minted. This is why it's so difficult to get into medical school - the supply of spaces is constrained, unlike law school, where there is a spot for everyone who applies.
If we want to fix the medical and legal professions, and by fix I mean make it cheaper, we need to remove the warped incentives caused by the government that prevent natural competition from fixing the issues.
New medical schools must be allowed by the American Medical Association, artificially capping the number of doctors minted. This is why it's so difficult to get into medical school - the supply of spaces is constrained, unlike law school, where there is a spot for everyone who applies.
Dentists in Maine vehemently opposed allowing dental hygienists with a special kind of license to fill cavities without needing a full DMD. https://www.washingtonpost.com/politics/the-unexpected-polit...
If we want to fix the medical and legal professions, and by fix I mean make it cheaper, we need to remove the warped incentives caused by the government that prevent natural competition from fixing the issues.