Tagged: cartel

The doctoring cartel - The Dismal Science

Eric Crampton Apr 02, 2014

If rules around medical licensing were designed to protect patients, they'd look one way. If they were designed as cartel enforcement, they'd look another way.Suppose the government decided that reputation wasn't enough and that patients couldn't really adequately judge the quality of doctors. I'd think they're wrong, but that's a different argument.* In that world, a certified doctor would have … Read More