Judges move slower than markets but faster than the economics profession, a deadly combination.
— Judge Frank Easterbrook, “Comparative Advantage and Antitrust Law” (California Law Review, 1987).
Judges move slower than markets but faster than the economics profession, a deadly combination.
— Judge Frank Easterbrook, “Comparative Advantage and Antitrust Law” (California Law Review, 1987).
Great moments in blame-shifting: In Dade City, Fla., an ex-con with cocaine and other drugs in his system tried to outrun the cops in a high speed chase, then veered into a farm neighborhood where he smashed his car into two trees on a one-lane dead-end private road, instantly killing himself and a passenger. Now the estate of his passenger (who was also on drugs) is suing 21 local residents who jointly maintain the private road, saying they should have kept it clear of trees and did not provide adequate signage. “There were no apparent visual roadway obstructions or environmental factors that would have contributed to this crash,” a report from the Florida Highway Patrol stated at the time. [Tampa Bay Times](& Alkon)
I’ll be part of the Cato Institute commentary team Tuesday evening.
In Fairfax County, Va., outside Washington, a court-ordered trustee has ordered the sale of the Olde Belhaven association’s “pleasant square, with its trees and benches, [which] had in better times been the site of community picnics and Christmas festivities.” The association was put on the road to ruin by a dispute that began over a complaint that a sign in a homeowner’s yard was 4 inches too high. It escalated into costly litigation, and “as the case ground on, the HOA increased dues from $650 a year to about $3,500, mostly to cover legal fees.” Courts sided with the dissident homeowners, and hundreds of thousands in legal costs sank the association’s finances. [Washington Post]
Liability insurance rates soar for Florida retirees’ souped-up golf carts [Orlando Sentinel]
A Yale professor calls for using the fledgling U.N.-system court to prosecute multinational businesses and their executives (“Treat Greed in Africa as a War Crime”). Red meat for some Times readers, no doubt, but among others alarm bells might start belatedly going off. I have more details in a new post at Commentary.
P.S. More on the Dutch court’s decision in the Shell Nigeria pollution case from Roger Alford/Opinio Juris, @annaholligan.
Joining Seattle and Brookline, Mass., the “Bloomberg administration is considering banning Styrofoam cups and containers — popular at thousands of delis and food carts across the city — as it prepares to roll out a major recycling announcement in the coming weeks, a Sanitation Department official said yesterday.” [NY Post] “At the end of 2006, the New York Post rounded up what is very likely a partial list of items the New York City Council banned or considered banning.” [Ed Driscoll, via]