If Liberals hate monopolies, why do they not demand that the Medical monopoly allow more doctors?
Posted December 28th, 2009 by admin 6 Comments »
Justin asked:
The American Medical Association has been lobbying to keep the supply of doctors low in America so that their salaries will stay inflated. Why aren’t liberals outraged by this behavior?
The American Medical Association has been lobbying to keep the supply of doctors low in America so that their salaries will stay inflated. Why aren’t liberals outraged by this behavior?
If the supply of doctors were increased, and many other restrictions lifted, it would lower the cost of medicine significantly.
More doctors = more healthcare = lower prices.
http://mises.org/story/1749