Acton Institute Powerblog Archives

Post Tagged 'tort reform'

The Secret Ingredient for Effective Healthcare Reform

In today’s Acton Commentary I explore how our hyper-regulated and increasingly statist healthcare system is chasing off good physicians. A recent article in Forbes by Bruce Japsen provides some additional support for that argument: Doctor and nurse vacancies are approaching nearly 20 percent at hospitals as these facilities prepare to be inundated by millions of patients who have the ability to pay for medical care thanks to the Affordable Care Act. Continue Reading...

Health Rationing for the Greater Good

[UPDATE BELOW] I discussed the creepy side of President Obama’s “science czar” here. But there are more creepy things in the cabinet. The Wall Street Journal reports that the president’s health policy adviser, Dr. Continue Reading...

Patients and Doctors

In an Acton Commentary this week, I argue that a critical piece of any comprehensive and meaningful reform of the health care system must include malpractice litigation (tort) reform. Part of what makes this so urgent is that the litigious climate in which we live has eroded the doctor-patient relationship. Continue Reading...

Hate the Sin, Tax the Sinner?

Update (5/21): The New York Daily News reports that “state lawmakers are trying to give the fat tax new life.” Senate Democrats want to impose a penny excise tax on non-diet sodas to help fund a plan to provide property tax relief to homeowners. Continue Reading...

This Guy Has No Standing

In an attempt to oppose legislative action on tort reform, Nebraska Democratic State Senator Ernie Chambers “filed a lawsuit against God in Douglas County Court.” “The Constitution requires that the courthouse doors be open, so you cannot prohibit the filing of suits,” Chambers says. Continue Reading...

In this Case, the Loser Isn’t Paying…

…at least not yet. Check out this disheartening AP story, “Judge: Cleaner owes me $65 million for pants; 2 years of litigation x 1 pair of trousers = headaches for family business.” The US court system shouldn’t be a venue for the pursuit of a personal vendetta. Continue Reading...

Well, Allow Me to Re-tort

Last month the Pacific Research Institute released a report estimating that costs associated with the American tort system exceed $865 billion per year (HT). Check it out for a detailed breakdown and comparison of these costs with other sectors of the economy and government spending. Continue Reading...

Tort Law on Trial

Tort reform has been on the political agenda for some time. Eric Helland and Alexander Tabarrok make a unique contribution to the debate in their new monograph, Judge and Jury: American Tort Law on Trial (Independent Institute). Continue Reading...

Benefits of Tort Reform

A recent NBER working paper, “The Effects of Tort Reform on Medical Malpractice Insurers’ Ultimate Losses,” argues that “The long run effects of reforms are greater than insurers’ expected effects, as five year developed losses and ten year developed losses are below the initially reported incurred losses for those years following reform measures.” A number of the specific changes in the history of tort law are discussed in Ronald Rychlak’s Trial by Fury: Restoring the Common Good in Tort Litigation, part of Acton’s Christian Social Thought Series. Continue Reading...