Yes. A fixed number of students are accepted, controlled by the AMA.

> Yes. A fixed number of students are accepted, controlled by the AMA.

No. The AMA does not have any control over how many students are accepted to medical school. The AAMC does, and there technically is a cap, but they've been intentionally increasing it steadily for over a decade in order to increase the supply of doctors.

However, even that's irrelevant, because the number of people graduating medical school isn't a bottleneck for the supply of physicians - residency programs are. There are far more doctors than there are residency slots, and the AAMC doesn't control residency positions. So whatever cap they have at this point doesn't affect anything other than the number of people who graduate medical school and end up having to get a job in a different field.

Do you have any idea what limits residency positions? They don't pay like a doctor but they do doctor like stuff. I would think that hospitals would want a lot of them. Sort of like how in science post-docs are hired everywhere because they are just the same as a research scientist, but you can pay them less.

> Do you have any idea what limits residency positions? They don't pay like a doctor but they do doctor like stuff. I would think that hospitals would want a lot of them. Sort of like how in science post-docs are hired everywhere because they are just the same as a research scientist, but you can pay them less.

It's the other way around. Resdiency positions are extraordinary expensive to offer - remember that this is where doctors actually receive their clinical training. Medicare funds them, because otherwise hospitals would have no incentive to offer them (they would lose money on each resident).

Seriously!? We have a quota limit how many people can become doctors?

Yes. This is why there is such intense competition to get into med school.