Re:Why doctors in America earn so much
by s1artibartfast on Wednesday November 01, 2023 @12:00PM
(#38100152)
>The problem is the incentives for encouraging more people to prepare are backwards (those supporting the newbies benefit from fewer of them) which causes no real help to be given and the labor shortages.
>But it isn't made up boundaries just to benefit existing members.
I would argue that it largely is just made up boundaries to benefit existing members. That is to say, regulatory capture has increased the barriers so far that any benefit from additional quality of service is far outweighed by the increased scarcity.
It doesn't matter if you have the best doctors and electricians in the world, if they are so few and expensive that the public does not have access to them.
The fundamental problem is that is both easy and popular to error on the side of "caution", creating increasingly stringent licensing requirements. These benefit established interests and sound attractive to the public.
Re:Why doctors in America earn so much
by Guvante on Wednesday November 01, 2023 @07:35PM
(#38106923)
I don't disagree but I like to distinguish between "there shouldn't be barriers" and "there should be fewer barriers" and the verbiage I responded to felt like the former.
>But it isn't made up boundaries just to benefit existing members.
I would argue that it largely is just made up boundaries to benefit existing members. That is to say, regulatory capture has increased the barriers so far that any benefit from additional quality of service is far outweighed by the increased scarcity.
It doesn't matter if you have the best doctors and electricians in the world, if they are so few and expensive that the public does not have access to them.
The fundamental problem is that is both easy and popular to error on the side of "caution", creating increasingly stringent licensing requirements. These benefit established interests and sound attractive to the public.