chaosmosis comments on Value of Information: Four Examples - Less Wrong
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I was wondering if this is also the case for medical doctors?
Medical schools limit their seats much more effectively than law schools do, I believe, and so the supply of doctors hasn't increased as much as the supply of lawyers. I do hear that medicine is a less attractive field now than it was a decade or two ago, but that seems to be because of technological and legal changes more than economic chances. I am not a doctor or an expert in career choice, though.