> Doctors are, of course, a limited resource - there's simply an insufficient number of people with the requisite intelligence, mindset and dedication necessary

> Doctors are, of course, a limited resource - there's simply an insufficient number of people with the requisite intelligence, mindset and dedication necessary to do the job. That's not exactly quite true; we have far more qualified people than we actual doctors, the AMA strictly limits the supply [1] by controlling the schools and this of course seriously affects the market, the prices, and their salaries. Things would be much cheaper if 57% of qualified applications weren't turned away every year. [1] http://wallstreetpit.com/5769-the-medical-cartel-why-are-md-salaries-so-high http://wallstreetpit.com/5769-the-medical-cartel-why-are-md-...