EclectEcon

Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre . . . . . . . . . . . . . email: jpalmer at uwo dot ca


. . . . . . . . . . .Richard Posner should be awarded the next Nobel Prize in Economics . . . . . . . . . . . .

Saturday, January 22, 2005

When All Else Fails, Sue the Gubmnt

These cases from Overlawyered, are sadly amusing fodder for an economic analysis of law course. Short-answer quiz: who is the least-cost bearer of the risk in these two suits against the gubmnt of the City of New York?
* The alleged wife-beater who, on being arrested by police, stumbled drunkenly down the stairs and broke his ankle, though he got nothing from a Manhattan jury;
* The legally blind Bronx man who "drove his car into a
concrete barrier" and sued arguing that better lighting might have prevented the accident
There are more here.
 
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