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12 October 2019


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There was a stunning article in TAC a month or two ago detailing the AMA's hand in limiting the number of students at US Med Schools, IIRC starting almost a century ago. According to the article, licensing regulations on the schools were set to limit the number of doctors graduating - a pure monopolist strategy of driving up the cost by limiting supply. Those advocating M4A (as I do) must start with a push for training more Doctors (but that's what Cuba did, so we can't).

"Elder care specialist" is often very unpleasant work. Companies in the field are driven by the usual forces to "keep labor costs down" ("pay low wages"), and immigrants are often willing to do harder work for less pay than most people who grew up watching TV in America (expectations of life based largely on the ads we saw!).

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