Forbes contributors publish independent expert analyses and insights. Economics professor and wearer of many hats. Economics: it’s the study of human action and its unintended consequences, and I ...
Fortunately, not all unintended consequences are bad. For example, economist Adam Smith in the 18th century referred to an Invisible Hand, which creates unintended social benefits and public good by ...
Forbes contributors publish independent expert analyses and insights. Rahul focuses on the impact of autonomy on society. Done well before the age of autonomy, the Americans with Disabilities Act of ...
Don’t you just love the Law of Unintended Consequences? It keeps popping up. Take the article on Page 1 of this issue about how the Clean Trucks Program at the ports perversely led to the ...
Several years ago, a 50-acre wooded lot at the end of my block was sold. The trees were cut down, roads were laid, and dozens of houses were built. Suddenly, those of us who lived up the street ...
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