America's version of capitalism has been much more dynamic than Europe's. Why don't Obama and Romney debate that?

Product liability exemptions for FDA regulated activities could raise economic efficiency.

Effective health care reform must include civil justice reform; there is no need for demonstration projects, it is clear that civil justice reform leads to better outcomes for doctors and patients.

On April 5, 2012, the President signed into law the Jumpstart Our Business Startups (JOBS) Act, which passed by a large bipartisan majority in the Congress. The Act is designed to facilitate the equity funding of new companies. Recent research has documented that from 1980 through the 2008-09 recession new companies have been main drivers of job creation in the United States. 

We should be cautiously optimistic about future developments as important cases about federal preemption and the scope of securities laws come before the SupremeCourt in 2007.

The Shadow Financial Regulatory Committee urges the Congress to adopt legislation that would limit audit firms" legal liability for damages (direct and punitive).

The Stoneridge case could make nearly anyone liable for securities fraud at public companies.

The commonly held view that state tort liability litigation can do much good and little harm because it provides added protection to patients and consumers is largely unsupported.