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For many decades consumer protection laws have focused on
preventing "bad" choices. Though that approach has some value, this
book explains we are much more often harmed, even killed, by the
needless delay of new inventions that could save lives or vastly
improve life quality. Thomas Tacker explains how we can revamp
regulation to embrace inventions that save and improve lives while
still holding companies accountable for actions that harm
consumers. Case studies include price gouging, the FDA approval
process, airport passenger screening, and occupational licensing,
particularly as it relates to Uber. This book demonstrates that
enacting appropriate liability laws and providing information to
guide consumers, rather than strictly controlling their choices,
will save thousands of lives annually, increase consumer freedom,
and make life more enjoyable.
For many decades consumer protection laws have focused on
preventing "bad" choices. Though that approach has some value, this
book explains we are much more often harmed, even killed, by the
needless delay of new inventions that could save lives or vastly
improve life quality. Thomas Tacker explains how we can revamp
regulation to embrace inventions that save and improve lives while
still holding companies accountable for actions that harm
consumers. Case studies include price gouging, the FDA approval
process, airport passenger screening, and occupational licensing,
particularly as it relates to Uber. This book demonstrates that
enacting appropriate liability laws and providing information to
guide consumers, rather than strictly controlling their choices,
will save thousands of lives annually, increase consumer freedom,
and make life more enjoyable.
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