Clifford Winston on Lawyers
EconTalk
00:00
Is There Something to Be Worried About?
Lawyers have an upward sloping supply curve. Anything that pushes up the demand is going to mean they make more than they otherwise would. But liability policy, where clearly we have demonstrated huge costs and questions about whether off-setting benefits exist. Even the Obama administration is looking to try to curb regulatory excesses. Good luck with that.
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