Age Quote by Milton Friedman
“...Only physicians are likely to be regarded as competent to judge the qualifications of potential physicians, so licensing boards in the various states...are typically composed..of physicians,...members of the AMA. The boards, or the state legislatures...give the AMA the power to influence the number of persons admitted to practice (by) lengthy training,...(and) the list of 'approved' schools and hospitals (which) is generally identical with the list issued by the Council on Medical Education and Hospitals of the AMA.”
About This Quote
Source Article: Medical Licensing and AMA Influence, 1970
Physician‑run licensing boards, heavily influenced by the AMA, control medical education and entry, potentially limiting competition.
In simple terms: Medical licensing is dominated by doctors and the AMA, shaping who can practice.
Key Takeaway
Recognize and address concentration of power in medical regulation.
Themes
regulation
power
competition
Mood
critical
analytical
Type
policy
academic
When to use this quote
- healthcare policy debates
- legislative hearings
- medical school admissions
- public advocacy
Key Concepts
Monopoly
professional self‑interest
policy influence
Questions to Reflect On
- Is the current licensing structure serving public interest?
- How might alternative models improve fairness?
A Different Perspective
The system may protect standards but can also stifle innovation and access.
