Two fundamental arguments are being made in this thread: 1) some organization is responsible for limiting MDs and this is a bad thing, and 2) MDs need to be lim

Two fundamental arguments are being made in this thread: 1) some organization is responsible for limiting MDs and this is a bad thing, and 2) MDs need to be limited because there are not enough residency spots, hence students shouldn't be allowed to start on a path leading to 4 years of study and massive debt but not enough jobs. I'd like to attack the counterpoint in #2, as I don't believe it to be in the spirit of free market economics. The argument basically presumes that if someone attains their medical education, they will have no career prospects except in those careers that already exist. Anyone with even a slight entrepreneurial bend must realize the ridiculousness of this. Ditto for anyone who understands the concept "creative destruction". Imagine for a second a parallel universe without an artificial cap on medical students, where MD numbers overflow such that a bunch of MDs don't get residency positions. Is it impossible to imagine new institutions, businesses and services forming as a result? Another question then is how much innovation could we be missing out on? There are some instances where artificial caps are a good idea. I don't believe education is one of them.