Monday, October 10, 2005

Adam Smith & Filipino nurses

Adam Smith wrote in 1776 (The Wealth of Nations): "The natural effort of every individual to better his own condition, when suffered to exert itself with freedom and security, is so powerful a principle,that it is alone and without any assistance, not only capable of carrying on the society to wealth and prosperity, but of surmounting a hundred impertinent obstructions with which the folly of human laws too often incumbers its operation."
In other words, each one of us, inherently or unconsciously, will look after our own needs and wants, with or without government intervention.
Filipino nurses/doctors work abroad because the demand for nurses/doctors are abroad. It's Market Forces extolled by Adam Smith in 1776. Philippine schools produced nurses/doctors in excess of market need in the Philippines. Adam Smith's Division of Labor created those excess nurses/doctors. These excess created the need to exchange. It started as an exchange program for nurses/doctors. Both parties, Filipino nurses/doctors and US health facilities benefited. Filipino nurses/doctors in United States prospered in comparison to those who remain in the Philippines. US health facilities expanded in different directions even with closure/mergers of US schools of nursing and declining birth rate due to abortion and natural tendencies.
Freedom from familial tradition, Filipino nurses/doctors 'Skill, Dexterity and Judgment' emerged.
The Philippine GDP/PPP must increase to pay those nurses/doctors their market skills' worth.
The government can not increase GDP/PPP. The government only hinders growth with high taxes, over regulation of trade and non enforcement of law and order to curb corruption.
In the '60's, United States open the spigot of immigration to recruit nurses to take care of Americans with Medicare and private insurance coverage. Nurses from Ireland and Philippines preferred because of similarity in training and English.

2 comments:

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