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Article #74727

Re: Lawyers vs. Productivity

#74727
From: Bernie Cosell
Date: Tue, 05 Mar 1991 20:11
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cc@cs.edinburgh.ac.uk (Chris Cooke) writes:

}In article <GUEST.91Feb25223801@geech.ai.mit.edu>, guest@geech.ai.mit.edu (Guest Account) writes:

}> "...an economist has estimated how much he thinks lawyers are costing
}> America.  According to Stephen P. Magee, a professor of economics at
}> the University of Texas, American gross national product in the
}> mid-1980s was about 10 percent lower than it should have been.  This
}> $500 billion annual penalty translates into $1 million per lawyer in
}> forgone growth."

}I read in a British newspaper recently that the USA has 4% of the
}world's population, and 66% of the world's lawyers.

I wonder how that ratio compares to that for, say, programmers?  
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References: <GUEST.91Feb25223801@geech.ai.mit.edu> <7238@skye.cs.ed.ac.uk>

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From: cosell@bbn.com (Bernie Cosell)
Newsgroups: gnu.misc.discuss
Subject: Re: Lawyers vs. Productivity
Message-ID: <63087@bbn.BBN.COM>
Date: 5 Mar 91 20:11:20 GMT
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