Butterflies, Blowback & Unintended Consequences
The Law Of Unintended Consequences, often cited but rarely defined, is that actions of people - and especially of government - always have effects that are unanticipated or unintended. Economists and other social scientists have heeded its power for centuries; for just as long, politicians and popular opinion have largely ignored it. Rob Norton, The Concise Encyclopedia of Economics There [...]
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