What Top 1% of Earners Majored In

Discussion in 'Politics' started by get_involved, Jan 29, 2012.

  1. get_involved
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    get_involved Gold Member

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  2. Euro
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    Euro Senior Member

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  3. editec
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    editec Mr. Forgot-it-All

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    Top wage earners are not the same thing as the wealthiest people.

    These numbers reflect, I suspect, the fact that Bio majors quite often continue their educations into medicine.

    And as a profession, I suspect that MDs are the higher paid people (on average) in the USA.

    Now consider this...100 years ago MDs were the worst paid profession in the nation.

    What changed?

    Medicine is now worth purchasing and third party payments (HC insur) makes it possible for people to use medicine
     
  4. 1_Old_Man
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    1_Old_Man Member

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    Maybe medicine costs more today because today it actually works. Back when they broke out the knife and told you to bite the bullet the service wasn't something that many people were willing (or able) to pay for.

    You know what one of the funniest things I see among the economically illiterate is? Its people who do not know the difference between income and wealth, the same ones who can't tell finance from economics. It is one of the clearest signs that the speaker has no idea what they are talking about.
     
  5. Inthemiddle
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    Inthemiddle BANNED

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    The treatment of human health has gone through a thorough evolution over the years. Nowadays, the system is doctor centric. That has not always been the case. In times past, the system was nurse centric, or tech centric. At those times, the system was appropriate based on the knowledge and technology that was available. Today, our current system is most appropriate. In the future, the system will probably evolve even farther so that doctors once again may not be the primary source of care.
     
  6. PoliticalChic
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    PoliticalChic Diamond Member

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  7. Seawytch
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    Seawytch Information isnt Advocacy

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    When's it going to be patient centric? ;)
     
  8. rdean
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    rdean rddean

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  9. editec
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    editec Mr. Forgot-it-All

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    When patient outcomes dictate health care providers incomes?

    That would be how free market forces would structure it.
     
  10. mudwhistle
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    mudwhistle Diamond Member

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