Tag: cartel

Why are MD Salaries So High? The Medical Cartel

Jun 25, 2009

—

by

mwkruse

in Economics, Health and Medicine, Public Policy

Carpe Diem: Why are MD Salaries So High? The Medical Cartel Greg Mankiw features the chart above on physicians' salaries in the U.S. vs. various European countries and Canada, showing that MDs in the U.S. make about $200,000, which is between 2 and 5 times as much as doctors make in other countries. How…