Tort Reform as Stimulus

Ted Frank believes that tort reform is a stimulus we can believe in. An excerpt:

Gene Weingarten recently wrote a heartbreaking story in The Washington Post Magazine about small children who die of hyperthermia when their parents accidentally leave them behind in locked cars in their child seats. Weingarten interviews NASA scientists who developed a cheap invention that would warn parents of a child left behind. But no manufacturer is willing to develop this safety device, which could save dozens of lives a year. Why? Because in the event of a single failure, even one caused by user error, the resulting lawsuit would erase the profits from all of the other sales. Such is the perversion of modern product liability law, which does more to hinder than to promote product safety.