November 20, 2007
Torts and the Economy in Pennsylvania
The Pittsburgh Tribune-Review had a column yesterday that discussed the causes of poor economic performance in Pennsylvania (especially in western PA). Although several factors are considered, the liability climate is singled out for blame:
Where Pennsylvania ranks the lowest is on tort costs and reforms, on measures taken to correct the legal abuses under which individuals seek compensation for allegedly wrongful injuries or damages suffered.
Even if it is accepted as true that tort costs are the principal reason for suboptimal economic performance in Pennsylvania (and I'm a little skeptical), are these reforms, proposed by the Pennsylvania House Republicans, the proper solution?
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