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Tort law. Because everyone has to carry huge liability insurance, everyone needs to go through tons of CYA process, which drives up cost and slows down work at
by anbop 7y ago
Tort law. Because everyone has to carry huge liability insurance, everyone needs to go through tons of CYA process, which drives up cost and slows down work at every single transactional point in the entire economy. Hence the success of mega corporations like Amazon, Walmart, Exxon, etc. who don’t need to hedge that stupidly small risk for internal transactions. Same reasons why colleges now have deans of intersectional classism and now charge $60,000 a year.
- AaronFriel 7y agoTort law is why colleges have "deans of intersectional classism" and charge $60,000 a year? None of the universities in my states have those or charged near that, but, let's assume they had and did. How does that mitigate the liability insurance and why isn't that showing up in the budgets of state and local governments? Which companies selling that insurance should I invest in, if it is so profitable a buck to make?