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« Trunk Show | Main | Sweet! Energy Techno Breakthroughs » March 27, 2007Jackpot Justice
The authors of Jackpot Justice: The True Cost of America's Tort System calculated that the nation's tort system imposes a yearly "tort tax" of $9,827 for a family of four - and raises health care spending in the U.S. by $124 billion. The video at right features Dr. Lawrence J. McQuillan of Pacific Research Institute discussing the findings in Jackpot Justice. The American Justice Partnership has set up a web page of materials related to Jackpot Justice, here, which includes a link to download the study, video and audio of an interview with the study's lead author, bios of the study's authors, and more. I've also uploaded to video to YouTube (above) and MotionBox.
Posted in Economy & Business
Comments
I've been railing about this for years and I will certainly buy this book. Another good book on the subject is Joel Dyer's The Perpetual Prisoner Machine. We have far passed our point of diminishing returns in our investment in the 'justice' system. Police, Courts and Prisons have so much power they’ve evolved into a hungry monster all to itself feeding off the non-value added cycle of arrest, fine and incarceration. I personally don't fear someone breaking into my house to do me harm... what I do fear is having a tail light out one night after I've had a couple of glasses of wine with my dinner at Olive Garden. A criminal breaking into my house will meet with a swift demise but an overzealous cop on quota duty can incarcerate me, fine me ridiculous amounts, take my license, take my vehicle and even make me lose my job; all on the faux promise of his brainwashing that he's doing me a favor. This has become a cottage industry for municipalities large and small and it is totally out of control. America has 5% of the world's population and 25% of the world's prisoners… with the vast majority incarcerated or fined for non-violent cash-cow offenses. Sorry guys, but to me that's a country and an economy that doesn't have its priorities in order. Post a comment
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Update: On the same day as the release of Jackpot Justice, a compromise is reached in the Tennessee legislature on medical malpractice tort reform, 