Word: calabresi
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...cost of administering them ought to be drastically cut. The result should be reductions in currently sky-high premium rates, or at least a limit on yearly increases. At present, legal costs and sales expenses eat up 56? of every dollar paid for auto-insurance premiums. Says Professor Guido Calabresi of Yale Law School: "Any reparations system where half the investment goes for administrative costs is lousy...
...Calabresi said that the objective standards used to determine who will live and who die are fallacious. The most common standards involve "usefulness" and cost...
People cannot decide which patients are most socially "useful" and committees tend to pick the patient who can best afford the cost of surgery, he said. "An auction destroys the idea of life as a priceless pearl," said Calabresi...
...Calabresi said it is debatable whetherdoctors and scientists should work so much on costly operations when there are other such pressing problems as overflowing mental hospitals, an increase in poverty, and the population boom...
...Calabresi agreed with DeBakey that to avoid life-saving because of increasing population is fallacious. He said, "Not saving people who could die is a hell of a way of population control...