The Honorable Richard Posner has now posted his thoughts on Jackpot Justice — a study about which Blawgletter expressed our own doubts last week. Judge Posner exposes sloppiness and far worse in Jackpot‘s calculation of how much our tort system costs. He concludes that the Jackpotian estimate "is, as I’ve tried to show, fictitious." He of course demonstrates the fiction in spades.
Hat tip to TortsProf Blog for alerting us to His Honor’s post.