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US supply is artificially limited. There's literally no arguing this. There are essentially a fixed number of residency spots and that's basically the only way
by SkyPuncher 2y ago
US supply is artificially limited. There's literally no arguing this. There are essentially a fixed number of residency spots and that's basically the only way to become a physician.
> Do you think most doctors would take less hours for a somewhat lower salary if you it was possible?
It is possible. Lots of doctors work fractionally. It's one of the easiest fields to do it in. Given the artificial shortage, hospitals essentially have to accept it.
The reality is many doctors are simply driven people. They don't really mind the hours, but they do mind the type of work. A lot of it is just terribly unfun.
- throwaway2037 2y ago> US supply is artificially limited. There's literally no arguing this. There are essentially a fixed number of residency spots and that's basically the only way to become a physician. Isn't this true in all highly developed countries?
- SkyPuncher 2y agoTruthfully, I don't know. I was under the impression that the limitation is a bit different in other countries. There is no hard, fixed limit. However, there is still practical limitations around how many institutions want to go through the accreditation process and support the education system. "Anyone" (hand waves a little bit) can start a program, as long as they meet the requirements. In the US, it's a hard limit set by Congress. Even if you want to run a residency program, you can't. Technically, there are ways around the hard limit, but they're extremely challenging to implement.