One of the reasons that the costs of medical care continue to escalate is the litigious society we live in. Physicians, leery of the litigious patient, must practice medicine in a defensive manner. Oftentimes, they must prescribe medications or order expensive tests to cover all bases. These expensive routine workups are a primary reason why [...]

At over $4 a gallon, gas is definitely putting the pinch on consumers. Wired writes, “No Mocha For Me, Thanks. I’ve Gotta Buy Gas.” We aren’t sweating the little things; we’re simply cutting them out.
The media is self-centered. It loves to write about itself without regard for whether its audience is [...]

A recent poll by the California HealthCare Foundation found that even though a substantial amount of patients use the Internet to obtain their health information, few patients make use of the physician rating sites, and fewer still (2%) used the information available to change their physician. However, this could change as more people become aware [...]

Art and commerce have long had an uneasy relationship. In fact, I can’t help thinking about economics and writing without being reminded of the saying attributed to Moliere, the French playwright: “Writing is like prostitution. First you do it for love, and then for a few close friends, and then for money.”

In [...]

Tort is a civil wrong other than a breach of contract – an injury to someone’s person, reputation, or feelings or damage to real or personal property – for which a lawsuit can be brought by the injured party. The legal rules of liability for torts impact economic behavior. These rules provide the circumstances under [...]

Have you ever had to give a speech in front of more than 1,000 people, half of whom were sure to disagree with what you had to say? That’s what I had to do on Sunday, May 24, at the Libertarian National Convention in Denver, and it was pretty nerve-wracking. Oh, and I forgot to [...]

While Congress tries to patch together some kind of package to help people facing foreclosure without piling even more losses onto troubled lenders, the number of homeowners facing foreclosure is quietly rising. Fast.
According to a recent article in the New York Times, 2.6 million American homeowners were facing foreclosure when Congress first started crafting the [...]

Instead of sitting down to read the New York Times or the Wall Street Journal, imagine unplugging a paperback-sized Kindle reader from your nightstand and scrolling down to your favorite columnist. No, you can’t flip the pages.
Since Amazon CEO Jeff Bezos’ pet project hit the market, publishers and writers alike have been holding their [...]