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There are 1.3 million Realtors(tm) in the U.S. Imagine what a productivity boon it would be if even half of them switched to gainful employment versus rent extr

• analog31 8y ago
  Better watch what you ask for. When they switched to no-fault car insurance in my home state, many years ago, the number of non-car-related lawsuits skyrocketed.
  • freewilly1040 8y ago
    All disruptions to complex systems come with side effects, but they are often still worthwhile.
  • maerF0x0 8y ago
    IMO no fault anything sounds like a recipe for abuse. That's generally how society functions -- there are consequences to actions.
    • analog31 8y ago
      There are still consequences under no-fault auto insurance. First of all, you can still get a ticket for causing a crash. Second, your traffic record increases your insurance premium. Also you could get injured yourself. I don't think crashing cars is something sane people would do in the absence of the insurance system. Since everybody has mandatory liability insurance, on average the net money transferred between insurance companies is probably close to zero, whether money changes hands in lawsuits or not. The aim of no-fault in my state was to reduce the number of lawsuits that arose over petty incidents, that were flooding the courts. https://en.wikipedia.org/wiki/No-fault_insurance https://en.wikipedia.org/wiki/No-fault_insurance