The U.S. has a physician shortage, created in part by a century-old reform that shut down bad medical schools. But why haven’t we filled the gap? Why are some physicians so unhappy? And which is worse: a bad doctor or no doctor at all?
SOURCES:Karen Clay • , professor of economics and public policy at Carnegie Mellon University. Rochelle Walensky • , physician-scientist and former director of the CDC.
RESOURCES: • " Medical School Closures, Market Adjustment, and Mortality in the Flexner Report Era • ," by Karen Clay, Grant Miller, Margarita Portnykh, and Ethan Schmick (National Bureau of Economic Research, • 2025). • " Application Overload — A Call to Reduce the Burden of Applying to Medical School • ," by Rochelle Walensky and Loren Walensky (New England Journal of Medicine, • 2025). • " Challenges to the Future of a Robust Physician Workforce in the United States • ," by Rochelle Walensky and Nicole McCann (New England Journal of Medicine, • 2025). • " The first step to addressing the physician shortage • ," by Rochelle Walensky and Nicole McCann (STAT, • 2025). • " Physician Workforce: Projections, 2022-2037 • ," (National Center for Health Workforce Analysis, • 2024). • “ Projected Estimates of African American Medical Graduates of Closed Historically Black Medical Schools • ,” by Kendall Campbell, Irma Corral, Jhojana Infante Linares, and Dmitry Tumin ( JAMA Network, • 2020). • " Medical Education in the United States and Canada • ," by Abraham Flexner (The Carnegie Foundation for the Advancement of Teaching, • 1910).
EXTRAS: • " Is the Air Traffic Control System Broken? • " series by Freakonomics Radio • (2025). • " Are You Ready for the Elder Swell? • " by Freakonomics Radio • (2025). • " Are Private Equity Firms Plundering the U.S. Economy? • " by Freakonomics Radio • (2023).
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