Cheaper for whom? Cheaper for the banks, sure. It was cheaper for Ford to pay injury lawsuits than fix their exploding tires. But kind of trade off is illegal

Cheaper for whom? Cheaper for the banks, sure. It was cheaper for Ford to pay injury lawsuits than fix their exploding tires. But kind of trade off is illegal for one to make when another party is getting materially hurt — even if on average society is better off; after all, if we confiscated all of bill gates’ wealth, on average society is better off than if he gets to keep it.