---
title: "Meaning & Key Takeaway of: ...Only physicians are likely to be…"
description: "\"...Only physicians are likely to be regarded as competent to judge the qualifications of potential physicians, so licensing boards in the various state..."
image: "https://sms4smile.com/quotes/i/f14/milton-friedman-616_age_only-physicians-are-likely-to-be-regarde_451642.png"
---

#  ...Only physicians are likely to be regarded as competent…

![“...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…” quote by Milton Friedman](https://sms4smile.com/quotes/i/f14/milton-friedman-616_age_only-physicians-are-likely-to-be-regarde_451642.png)   [Download](https://sms4smile.com/quotes/i/f14/milton-friedman-616_age_only-physicians-are-likely-to-be-regarde_451642.png) [Open image](https://sms4smile.com/quotes/i/f14/milton-friedman-616_age_only-physicians-are-likely-to-be-regarde_451642.png)

> “...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.”

[Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

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.

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