A loser-pays statute would overcome high transaction costs and ensure that all tort plaintiffs with meritorious claims have access to the judicial system. Such a statute would decrease the cost of litigation and ensure that only meritorious claims are heard.
Let’s fix healthcare costs before the socialists try to do it
The reason people are flirting with the idea of socialism is simply that the costs of healthcare and housing are too high and Congress is not solving it. Those in power get the blame. With the seeming internal take-over of the Democratic Party by the Democratic Socialists of America, the promises of quick fixes by...