Is there a canonical explanation for why pharmacists get paid so much, other than regulatory capture? Stories like https://www.cbsnews.com/amp/news/longtime-phony-walgreens-pharmacist-745000-prescriptions-authorities/ … back the theory that it’s not a job that requires as much training as pharmacists indicate.
SSC theory that 50% of medical spending is signalling "we care". As a legislator, you clearly want to signal to your voters that you care a LOT about their health. So OF COURSE you legislate that they must have XYZ hours of education. I presume the market clears thereafter.