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SU Explores new Medical School
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[QUOTE="ReaganTime, post: 1445114, member: 5152"] I can assure you that no such academy will acknowledge their role in limiting residency spots. It is fact, however, that physicians control the numbers of residency spots. "In his classic book [URL='http://en.wikipedia.org/wiki/Capitalism_and_Freedom']Capitalism and Freedom[/URL], Milton Friedman describes the American Medical Association (AMA) as the “strongest trade union in the United States” and documents the ways in which the AMA vigorously restricts competition. The Council on Medical Education and Hospitals of the AMA approves both medical schools and hospitals. By restricting the number of approved medical schools and the number of applicants to those schools, the AMA limits the supply of physicians. In the same way that OPEC was able to quadruple the price of oil in the 1970s by restricting output, the AMA has increased their fees by restricting the supply of physicians." my (perhaps anecdotal) point was that a shortage of pcp's often may have the downstream effect on the shortage of surgeons. also, creating a new medical school to address a shortage of orthos to do joint replacement for boomers is reactionary and non-sensical. by the time these physicians were trained, the boomers' need will have come and gone. [/QUOTE]
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