Why "Medical Liability Reform" Is Code For "Absolute Deregulation"

E.J. Graff over at the renovated coffee house explains in very simple cost-benefit terms how "tort reform" gives corporations a ballpark idea ahead of time of what they will have to spend when they violate regs., like, for instance, when an employer allowed white factory workers to force black factory workers to use a "colored" restroom.

Capping rewards, according to Graff, also makes the cost of the risk that trial lawyers take too high; sounds like to me it essentially eliminates the competition. Beside SOTU claims to the contrary, medical liability reform seems to have very little to do with the actual practice of medicine.