You’ve heard of the case. That "frivolous" lawsuit against McDonald’s because some "stupid" woman spilled hot coffee in her lap. If you haven’t, then here’s a primer. Some (like ABC News) argued that the McDonald’s case was the epitome of lawsuits gone awry. The "broken" legal system, where only the trial attorneys profited, and the [...]
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It seems like every time the economy goes bad, or every time there’s a new Congress or legislature, there’s also heavy talk of "tort reform."
Generally, Republicans favor tort reform because it "benefits businesses", while Democrats dislike the idea because you’re permitting bad products/people. I’ve never really understood this, because both sides seem to be [...]
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We’re physiologically and psychologically geared towards getting the best deal possible. We haggle at the yard sales, search the internet for the lower price, and drive miles to purchase a watermelon or some other insignificant thing we find cheaper somewhere else. The same goes for products or services, everyone hates paying too much for a [...]
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