Paradox of Unlimited Compensation – Either Bonanza or Pittance but not equitable
Good intentions cannot justify bad delivery.
Despite the fact that putting monetary value on human life is ethically unacceptable, there is a great deal of debate and discussion in assessing the direct and indirect cost of pain and suffering, injuries and damages, death and disabilities to the road accident victims caused by ‘motor vehicle’ a monster invented and accepted as a necessary evil by the modern society.
However, “much of the calculation necessarily remains in the realm of hypothesis and in that region arithmetic is a good servant but a bad master since there are often so many imponderables. In every case it is the overall picture that matters.” Read more