President Reagan assured us that a major objective in invading Grenada was to close the St. George's Medical School (although Russians, Democrats, and M. Mitterand attributed to him more sinister motives). Lingering doubts about his sincerity were resolved when, as the fighting wound down, he gave a luncheon party in the Rose Garden for the entire student body.The closure of a medical school by a naval armada highlights the principal problem we have in containing the cost of health care: We are facing a glut of doctors, the consequence of which will be enormous costs without commensurate improvement in . . .
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Maloney et al. (1985) studied this question.
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