Saturday, January 17, 2004

Flying Small Planes Is Risky, By Gum!

It's too bad Governor Carnahan died in an airplane crash. But liability lawsuits like this are what force companies out of the business. Nobody makes small airplanes for the general aviation market anymore. You can get sued for not warning pilots not to fly drunk in your manuals. Flying small airplanes is inherently risky. The law should recognize this. I suspect that safety improvements for small aircraft are actually being discouraged by the way liability lawsuits work in this country. Are there any economists reading this who could help me verify my suspicion?