” Our system is sustaining overwhelming supremacy of a unique culture that enforces confines to the physician’s scope of practice riddled with the jotted down biased protocols.”

For instance, in 2017, the foundation for economic education published an article highlighting the American Medical Association (AMA) controls (Both, directly and indirectly) the licensing of physicians, the accreditation of medical schools, admittance into medical schools, and the payment policies of insurance companies.


Photo by Pedro Santos on Unsplash

” Knowledge and skills are dominant traits of every citizen, thus having control over them is defined into decreeing and harnessing the sovereignty of the scientific disciples, against the honor of the populace.”

Licensing grants domination power to a particular group of individuals. In most countries, chartered accounts make their own governing and regulatory formations. Thus, they work with virtually no supervision. That makes the monopoly powers all-purpose where they can raise the price of their services or restrict entry for others. On the extreme end, the social order even reserves the right to disbar other affiliates. In other cases, the number of available licenses is rendered restricted. And furthermore, even those that are available may also be transferable. As a consequence, meanwhile, limited licenses are being issued, the existing permits become more valuable. Frequently holders of those licenses don’t need to work to earn an income. All they have to do is simply rent out their “license” and continue to make passive earnings.

” Anyone who has dwelled through a less than an authentic Laissez-faire free-market must be aware of the intuition of kickback practices, monopoly, and favoritism, particularly of those underwritten by the administrations.”

Licensing ultimately raises Costs for two reasons. The new candidates require to be qualified by already licensed professionals. Since those licensed professionals tend to be more expensive, and considering their time and services are needed, the newcomers have to pay a higher cost. That raises the prices. For Students, medical school or law school fees are a lifetime investment, something they have to struggle to gain a return on investment. They will, too, have to recover it from the consumers at a later point in time, or otherwise, pursuing such an endeavor would be senseless from an economic point of view.


Photo by Element5 Digital on Unsplash

Take-home Message

Today in almost every industry, trade unions representing established players push for legislation and regulation to protect their members’ interests by eliminating competition. They do so habitually under the pretense of favoring public safety. It is utterly rhetorical to place the seal of approval from a qualified body of experts on some as the vetting procedure, to let consumers know that individual members of a profession are safe for the society, but isn’t fair enough to give the ultimate decision to the consumers and not to the bureaucrats?

“For governments to retain the power over scholars, they have refined an efficient scheme to leash its prodigy through accreditation and to license by the hands of the denomination of individuals bound by way of political alliances.”

Some may argue; consumers are not expert enough to discern the lousy professional from the good. Nonetheless, that would only be true if we take the school diplomas and certification out of the equation and fully agree that the experts are perfect and the average consumer is powerless. Additionally, we must all recognize that licensed professionals can never be erroneous to the same breadth, and all non-licensed genii are incapable.

” Utter sophistication of the licensing scheme is an invitation to futile bureaucracy, often deeming to dictate overkill fault, hence costly to an individual’s worthiness.”

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Adam Tabriz, MD
Dr. Adam Tabriz is an Executive level physician, writer, personalized healthcare system advocate, and entrepreneur with 15+ years of success performing surgery, treating patients, and creating innovative solutions for independent healthcare providers. He provides critically needed remote care access to underserved populations in the Healthcare Beyond Borders initiative. His mission is to create a highly effective business model that alleviates the economic and legislative burden of independent practitioners, empowers patients, and creates ease of access to medical services for everyone. He believes in Achieving performance excellence by leveraging medical expertise and modern-day technology.


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