> Everyone complains about the cost of healthcare and nobody asks why the AMA operates like a cartel.
That's not entirely a bad thing. It would be bad for Medicine to turn out like Law, with a huge glut of unemployable graduates after a long, expensive training program (IIRC, an intense 7 years post-college, minimum). There's a need to balance demand with the need for all (or nearly all) the graduates to be able to find a job.
Also, you're neglecting Osteopathic schools, which aren't controlled by the AMA but graduate students with the same practice rights.
> The number of doctors allowed to graduate hasn't changed in 40 years.
Do you have any data to back that claim up? The
Association of American Medical Colleges says enrollment rates are increasing:
> In response to concerns that a projected doctor shortage could impact patient care, the AAMC in 2006 called on medical schools to increase first-year enrollment by 30%. That target was reached in 2018-19, when first-year matriculation reached 21,622 students. Osteopathic schools increased their enrollment by 164% during this same time period, with 8,124 first-year students enrolled.
(https://www.aamc.org/news-insights/us-medical-school-enrollm...)