First We Conquer Iceland
Mar 7th, 2012 | By Wendy McElroy | Category: Featured, International, Macro Economics, Politics
The law of unintended consequences states that actions, especially governmental ones, always have unintended and unpredictable effects. These unanticipated effects can be far more powerful than the planned ones. Thus, economists often use this law as a warning to politicians that policies commonly 'achieve' the opposite of their intentions. For ...read more

