Well, the AMA didn’t help.
They artificially held down the number of med students in the 70s and 80s to keep MD income high.
Except the population skyrocketed, the women dropped out to have kids, and the foreign docs flooded in and drove down wages and competence at the same time.
Meaning that the MDs at AMA might be OK applied biologists, but as businessmen, they suck.
“the AMA didn’t help”
Absolutely correct.
It’s to bad the AMA didn’t follow the lead of the ABA and open up a bunch of new medical schools and actively recruit students into the profession over the last 30-40 years.
The country would be much better off with to many doctors rather than lawyers...