If there is an organization which is arbitrarily limiting supply, it is not accurate to call it the "free market".
Graduating X doctors per year seems like a much worse solution than allowing to graduate however many are willing to learn.
Graduating X doctors per year seems like a much worse solution than allowing to graduate however many are willing to learn.
There's a joke that grad school and med school are polar opposites - med school is hard to get into and easy to get out of, while a PhD is easy to start and hard to finish
Being a postdoc sucks, and you have to be pretty willing to do something radically different than what you did as a student - but it isn't the end of the world.
I can't see a situation where it makes health in the US worse overall to increase the number of students.
which is an artificial limitation. More positions can be generated easily, since there's a high demand for medical care and the costs currently are high to obtain medical care.
Until those residency programs have doctors sitting idle and twiddle their thumbs, the lack of position is just artificial in order to make it more competitive.
Free market is like communism: when it doesn’t work we can complain it wasn’t the true thing.