James Leroy Wilson's blog

Monday, March 17, 2014

What if nobody wants to become a doctor?

Q: Is free healthcare a human right?

A: Yes.

Q: What if nobody wants to become a doctor?

- - -

Q: Should healthcare be profit-driven?

A: Of course not!

Q: So doctors must live at subsistence level, even denied enough salary to save for a rainy day, a nice vacation, or retirement?

A: Don't be silly! Of course doctors should be well-paid! They're valuable to society!

Q: How can that be accomplished, if their offices, or the clinics or hospitals they work at, can't turn a profit?

- - -

Q: Should drugs be regulated for safety?

A: Of course!

Q: Who should regulate them?

A: The government.

Q: Because drug companies want to kill their customers?

A: You never know. Corporations can't be trusted, or they'll make mistakes.

Q:  But government regulators can't be wrong?

A: Well, yes they can, but they're working for the public interest, not for profit.

Q: But when the government scientists are wrong, can consumers boycott that government and choose another one?

- - -

Q: Are drug prices too high?


Q: Should the government control their prices?


Q: So what if the government sets a prices so low that drug companies stop making them?

- - -

Q: Should healthcare become more affordable?

A: Yes.

Q: Should doctors be licensed?

A: Yes, of course! Are you crazy?

Q: Does licensing restrict the supply of doctors?

A: Well, yes, but licensing makes sure that they're good doctors.

Q: But if there are fewer doctors, they have less competition, correct?

A: Yes.

Q: Less competition means higher prices, correct?

A: Well, yes.

Q: So you don't really want prices to go down, do you? You prefer the safety in the knowledge that the doctors we do have are competent?

A: I guess so...

Q: So it turns out that maybe it's worth the high price, if the doctors are good?

A: Maybe...

Q: And we should keep the licensing requirements?

A: Yes.

Q: So it's better that a poor, underserved community has no doctor at all than an unlicensed one?


  1. Anonymous6:42 AM PDT

    Good. Socrates is still new!

  2. Part of the reason that doctors can enjoy the incomes that they do is because of prescription laws. Prescription laws give doctors a legal government enforced monopoly over access to medical drugs. In other words they can extort money from their patients as the patient does not have a legal right to access medical drugs without the "permission" of a doctor's prescription. This is why a doctor can require frequent office visits and lab tests. The patient has effectively become much like a drug addict who is dependent upon the "supplier". For those curious, visit my blog at "muskegonlibertarian,wordpress,com" where I go into detail as to how doctors and other licensed professionals enrich themselves through a government monopoly. The same applies to some degree with the licensed occupations. Government, by favoring some over others, is one of the causes of our economic problems we have today.