WHY DOCTORS AND BANKERS DRESS CONSERVATIVELY. Years ago, in my introductory economics class, Meyer Burstein observed that doctors and bankers tend to dress conservatively to distract attention from the fact that their professions dealt with large risks on a regular basis. The article by Rebecca Smith quotes a doctor who says: “I think it’s more presentable to be dressed up” and another who says: “Neckwear conveys ‘respect for patients’ and shouldn’t be jettisoned.”
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