Re:Do American doctors get paid too much?
by barrkel on Thursday September 10, 2009 @10:43PM
(#816708)
Well, the AMA appears to use an almost Marxist model of labour supply:
> Apparently the American Medical Association has a board that calculates something called "relative value units", or RVUs. These attempt to measure how difficult a given
procedure is for the physician [...] We have a name for setting prices this way. It's called the "labour theory of value", and it was invented by a guy named Karl Marx.
> Apparently the American Medical Association has a board that calculates something called "relative value units", or RVUs. These attempt to measure how difficult a given procedure is for the physician [...] We have a name for setting prices this way. It's called the "labour theory of value", and it was invented by a guy named Karl Marx.
http://www.economist.com/blogs/democracyinamerica/2009/09/ma...
http://www.slate.com/id/2227082/