Why doctors in America earn so much.

There’s a perpetual shortage of doctors, which drives up compensation. The Economics blames the shortage on “a mismanaged training system that has artificially depressed the supply of medics.” Mismanaged implies its not intentional, but I’m not sure that’s accurate? This context about DOs was new to me: “In reaction to this artificial doctor shortage, a new type of medical degree gained popularity: dos (doctors of osteopathic medicine). In 1981, there were only 14 osteopathic medical schools. Today there are 41. In most countries, an osteopath is someone who manipulates middle-aged spines. In America dos are fully-licensed doctors.” ~ learn more