"There are only two ways of telling the complete truth—anonymously and posthumously."Thomas Sowell

Wednesday, November 03, 2004

First Domestic Policy Agenda Item

I'd love to hear from our resident economist about this, but I think the answer has to be TORT REFORM. You can read some of my reasons why at American Spectator Online.

1 comment:

Alan Reynolds said...

I'm not sure how I feel about tort reform (or about how to define it) except this: I believe I should be allowed to sign a binding contract with, say, a physician in which I promise not to sue for more than some specified amount or to sue only for some limited forms of damage. Those who did not want to sign such contracts would go to different physicians and presumably pay more.

Mass class action suits against entire corporations are another matter. As an investor I am constantly being invited to add my name to some class action against a company who's stock went down. I never play such games yet some lawyer nonetheless sues, ostensibly in my interest. Something has to be done about that sort of capricious looting.