Comment by doomslayer999
6 hours ago
Private Equity is the effect not the cause. We need them to create efficiency because of the shenanigans that the AMA guild did in limiting doctor supply. Just allow people to take an exam to get credentialed, we'd have foreign doctors flown in by the hundreds of thousands and care would be as cheap as it is in India.
That doesn’t make sense - private equity has done the same thing in completely orthogonal industries, like manufacturing.