Here’s why central planning isn’t successful in higher ed

In an excellent policy brief for the Niskanen Center, Robert Orr explains that the high cost of health care in the United States is a function of the relatively low number of new doctors that our higher-education system produces every year, according to Forbes. The shortage of physicians is no accident. Instead, it is the result of deliberate pressure by the federal government and other bodies to reduce the supply of medical school graduates in response to a perceived “physician surplus.”

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