The Incentive Bubble
) - "The fraying of the compact of American capitalism by rising income inequality and repeated governance crises is disturbing. But misallocations of financial, real, and human capital arising from the financial-incentive bubble are much more worrisome to those concerned with the competitiveness of the American economy." [more inside]
posted by kliuless
on Apr 3, 2012 -
A court in the Netherlands
has awarded damages to a severely disabled girl for having been born -- a so-called "wrongful life"
judgment. While we discussed French suits like this a while back (1 2
), this decision seems noteworthy because it allows the child herself
to receive damages, not just the parents who must pay for her care. In my mind, that opens up a whole new can of worms, both in terms of the message it sends and the incentives for doctors that it creates.
posted by boltman
on Apr 15, 2003 -