Re: Limited Liability for Vaccine Makers

In a message dated 11/20/02 11:50:17 AM, [EMAIL PROTECTED] writes: << Armchairs: What are the pros and cons of limiting liability for the maker of a new vaccine? It seems to me that a disadvantage of limited liability is the moral hazard that the maker will do a less responsible job of tryi

fat tax

Jonathan Rauch has a very clever piece on the recent idea to tax fat foods. Only Rauch has a much "better" idea. Now why didn't I think of that? Alex http://www.theatlantic.com/issues/2002/12/rauch.htm -- Alexander Tabarrok Department of Economics, MSN 1D3 George Mason University Fairfax, VA,

Limited Liability for Vaccine Makers

Armchairs: What are the pros and cons of limiting liability for the maker of a new vaccine? It seems to me that a disadvantage of limited liability is the moral hazard that the maker will do a less responsible job of trying to prevent bad side effects. One advantage that has been put for