Donate
Email Password
Not a member? Sign Up   Forgot password?
Business and Economics Education Environment Health Care California
Home
About PRI
My PRI
Contact
Search
Policy Research Areas
Events
Publications
Press Room
PRI Blog
Jobs Internships
Scholars
Staff
Book Store
Policy Cast
Upcoming Events
WSJ's Stephen Moore Book Signing Luncheon-Rescheduled for December 17
12.17.2012 12:00:00 PM
Who's the Fairest of Them All?: The Truth About Opportunity, ... 
More

Recent Events
Victor Davis Hanson Orange County Luncheon December 5, 2012
12.5.2012 12:00:00 PM

Post Election: A Roadmap for America's Future

 More

Post Election Analysis with George F. Will & Special Award Presentation to Sal Khan of the Khan Academy
11.9.2012 6:00:00 PM

Pacific Research Institute Annual Gala Dinner

 More

Reading Law: The Interpretation of Legal Texts
10.19.2012 5:00:00 PM
Author Book Signing and Reception with U.S. Supreme Court Justice ... More

Opinion Journal Federation
Town Hall silver partner
Lawsuit abuse victims project
Press Archive
E-mail Print PRI study based on fact
Business and Economics Op-Ed
By: Lawrence J. McQuillan, Ph.D
4.15.2007

St. Clair Record - Edwardsville,IL,  April 15, 2007

Letters to the Editor


To the editor:

Public Citizen's Laura MacCleery describes the Pacific Research Institute's new study on the American tort system as "riddled with error" and "masquerading as research" ("PRI study flawed," April 8).

MacCleery failed, however, to point out a single factual error in our work. Instead, she relied on sweeping generalizations and rhetorical bromides.

Our calculations are based on the best available studies from the nation's top economists and legal scholars. If one compares U.S. tort costs to the tort costs of other industrialized nations, for example, one realizes that the U.S. tort system is the most expensive in the industrialized world. At 2.2 percent of GDP, direct costs are bigger in the U.S. than counterparts in Germany, France, Japan, or the United Kingdom.

Our tort system is expensive and inefficient. Not only does it return less than 50 cents of every direct tort-cost dollar to injured parties; it also causes our economy to go without things like investments into research and development.

Our study recognizes the importance of a healthy tort system, and says so. Unfortunately, today's system is out of control, and the data in our report illustrates this. Perhaps MacCleery should delve into our facts and figures before dismissing our findings out of hand.

Lawrence J. McQuillan
Co-author, "Jackpot Justice: The True Cost of America's Tort System"

 

Related Link
Submit to: 
Submit to: Digg Submit to: Del.icio.us Submit to: Facebook Submit to: StumbleUpon Submit to: Newsvine Submit to: Reddit
Within Press
Browse by
Recent Publications
Press Archive
Powered by eResources