Weiser says:
===================
Which is fine so long as the government isn't artificially limiting
wages,
as it does in socialized medicine.
===========================

The government, in theory, can artificially limit wages. In practice,
doctors in Canada know how clout they have. They act as anyone with
power acts (they've learned well from trade unons): they withhold
services. And they continue to withhold services until the fee schedule
looks like they want it to look.

So, it is the marketplace insifar as there is a marketplace when one
party holds monopoly power. The doctors play a significant role in
determining how much they get paid. Doctors can go on "strike" and they
have done so -- because they're doctors, they never call it anything
nearly so crass as a "strike", but the net effect is the same.

There's no need to hold any tag days for doctors up in Canada, Scott;
they're doing just fine.

Weiser says:
====================
Compared to US doctors? Please.
=======================

That begs the question: could it be that American doctors are overpaid?
Like doctors everywhere, by virtue of their licence and the influence
they wield over medical school entrance number, they hold considerable
power. In neither the USA nor Canada can the economy find a natural
equilibrium. In both countries, entrance to medical schools is severely
restricted. In large measure this is due to the influence of medical
associations. Restriction of supply guarantees higher incomes.

frtzw906