In response to fear of a looming "physician surplus," the US imposed a moratorium on expanding the number of medical school slots from 1980 to 2005. Medical training fell behind population -> US has 2.6 doctors per 1000 v. 4.2 in Germany. @NiskanenCenter
RT @ArashMV: @PhilippaSigl Not a myth to be busted. Every econ knows.