It's not about age, it's about maturity and responsibility.
This thread may have put a spotlight on one unfortunate incident by one such 16-yr old youth, but there are many fatal incidents involving drunk drivers who are FAR past the legal driving age.
I agree with PaulC regarding handing over the keys to a street rocket over to a 16-yr old neophyte of the city streets. That makes as much sense as teaching your son how to shoot a gun, and then giving him a howitzer on his first solo outing.
One reason why insurance companies charge higher premiums for males is because many of them treat their vehicles as 2-1/2 tons of additional metal hormones...although lately, I have noticed more aggressive driving behavior among the young teenage girls as well.
If my daughter was 16 (or 18) today, I'd be looking for a W126 for her to cruise around in...