http://www.mises.org/fullstory.aspx?control=1547&id=71100 Years of Medical Robbery
by Dale Steinreich

Our mentor has always been Hippocrates, not Adam Smith --President of a County Medical Society at an AMA meeting quoted in the February 16, 1981 issue of the New York Times.
This weekend (June 11-13, 2004), the American Medical Association (AMA) will celebrate the 100th anniversary of its Council on Medical Education. The medical establishment understandably sees the formation of the Council as a good thing. However, some patients aren't ready to celebrate yet, and their instincts may be good.
History
The American Medical Association (AMA) was founded in 1847 around two propositions: one, all doctors should have a "suitable education" and two, a "uniform elevated standard of requirements for the degree of M.D. should be adopted by all medical schools in the U.S." [1] In the days of its founding AMA was much more open--at its conferences and in its publications--about its real goal: building a government-enforced monopoly for the purpose of dramatically increasing physician incomes. It eventually succeeded, becoming the most formidable labor union on the face of the earth.
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