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I'd like to add another point to this: in the case of doctors, you've also got to include the various types of doctors. (As the son of a general practitioner, I'm particularly sensitive about this.) General practitioners make wildly less than the various specialists which abound in the medical profession. Now, GPs can certainly make a good living; in rich areas >$200,000 a year isn't uncommon. At the same time, for, say, dermatologists, >$200,000 is the average salary [1]. (I, for one, think this is backwards: GPs, both in private practices and as hospitalists, are the primary diagnosticians and almost certainly save more lives than any other kind of doctor.) And don't even get me started on residency; doctors deserve every ounce of geld they get for putting up with that. Anyone, not directly relevant to OP, but I think that saying, "hey, doctors and lawyers are rich, we should be too" is a bit off the mark. Many doctors are rich. Not all. |
Or, 1 hour of a GPs time will usually result in a lower-return ailment than a Specialists 1 hour of time.
Or the problem of the Craftsman vs. Assembly-Line Worker. It may be better product, but you can't make 'em as fast. In this case, the Assembly Line people only deal with expensive items.