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Should Doctors Be Paid Like Hedge Fund Managers?

Forbes – Reinhardt argues that the best standard for judging the level of doctors’s pay is the pay available in other U.S. occupations that compete for the same talent pool, and he suggests a comparison to financial market professionals:

“The relevant comparison should not be doctors in other countries, but the incomes earned in the United States by members of the talent pool from which American physicians are recruited, a group that includes many who end up in the superbly well-remunerated financial markets, where they are well paid almost independently of their actual net contribution to society.”

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