Cab drivers do it every day

Throckmorton has another good argument for a Loser Pays legal system:

I was talking with several of our OB/GYNs in the doctors lounge. One had just decided to stop delivering babies and found out that her medical malpractice premiums would drop by two thirds! She coldn’t believe it, when she did all the numbers she would make more by doing less! In fact delivering babies was actually costing her.

Not having sensible laws like Loser Pays doesn’t just raise the cost of health care.  It actually hurts patients.

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