Vive,
So are you in agreement with those who say that overactive malpractice is one of the major problems dealing with medical care?
And also forgive me if I’m wrong but I was under the notion that free clinics were usually run privately by charities and the like.
Finally, what do you see as being the future of the medical field? Do you think things will get much better, stay the same, or become worse?
I’m sorry I’m bombarding you with questions but the medical field has always been something which has fascinated me, not from any actual vocational interest beyond the field of psychology (which is a fine pseudo science in its own right), but from a political aspect. I see it as one of the most important matters within any advanced society for reasons which I think are fairly obvious, and I’m increasingly disgusted, from what I’ve been learning, with the state of medical practice throughout the world, whether it be the socialized systems where the average Joe can literally die in a waiting room for f***ing simple supply and demand problems and where the rich just by private health insurance, or the American system where you have high quality service where it costs obscene amounts of money to get anything done so everyone who’s not rich is still screwed unless you either happen to get good insurance or you happen to be subsidized by the state. It’s a matter that I think is of exceedingly high importance and one which isn’t given half the attention it deserves, even with the crusade of the liberals in our day.
As for a full article describing the licensing requirements for becoming a doctor, I can’t find one right off the bat (though I’m sure I read a very good one some time back…) here’s an article that describes it in passing (It’s of course under the section on liscensing) and a passage from a book on the matter (really good book BTW. Extremely informative although not at all innovative). If you’re interested you should look at the Mises.org reading list on the subject of healthcare. That’s one area that Mises Dailies have really excelled in IMO
http://mises.org/daily/5496/
Starting on page 192
As for the argument itself its pretty simple. Increasing the time and regulating the standards it takes to become a medical professional increases the cost of doing so. Increasing the costs decreases the numbers of people who will want to be medical professionals, while at the same time because only certain medical professionals are permitted by law to perform certain practices the medical professionals who are already trained obtain something of a monopoly price, because their competition is reduced.
Now this is fine if the market itself demanded it. We don’t have people without experience or training acting as plumbers, but if it is enforced by the state then this means that prices are higher from what people would want them to be. Even if this reduced the quality of healthcare, the resulting fall in price could well be worth it in our day, because as a writer points out, access to basic healthcare is better than access to no healthcare
This was also actually described in the moderate classical liberal publication “The Economist” (great magazine) where they discussed how in India costs were kept down by having a greater division of labor and lower trained medical practitioners look at patients and do what they can before calling on a doctor or PA.
I also really like Hoppe’s article on the subject, even if it is rather short.
“Thanks, I’ll try I guess. I usually just shut up because there are a lot of people here that know a lot more than me. And my little drift towards Lachmann has made me even more insecure with what I feel comfortable talking about since it is very new territory for me.”
No problem begin bro moment I’ve always really admired your posts and its rare that I’ve seen you post something on complex topics that isn’t of a high quality. It’s also impressive and admirable that you can freely admit your own ignorance end bro moment. I should also imagine that reading Lachmann would make anyone a little more aware of the chaos of the world and our limited ability to understand it.
Anyway, if you get around to reading any of that I’d enjoy hearing your thoughts. It’s always interesting to step out of “Ivory Tower” of economic theory and hear the opinions of someone “on the frontlines”