Episode 272: Markets With Limits, Pt. 1
Words & Numbers
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Introduction
An unintended consequence arises when the government takes away people's abilities to make decisions for themselves and they react in ways that the lawmakers didn't intend. Unintended consequences are a problem with human behavior. Some of the unintended consequences that we're going to talk about are counterintuitive. They're surprising. And it's, I think, a never ending reminder not to try to accomplish too much before you get some input on how things are going.
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