UNINTENDED CONSEQUENCES
When cost of something changes it is going to affect someone's behavior.
-You can pass a law banning something but we'll use our ingenuity to get around the law.
Incentives change, while unintended consequences are "implemented"
(e.g. When drugs were made illegal, drugs became more powerful, needle-drug injection began, which led to the spread of AIDS in the 1980s.
Why does this keep happening?
We have two worlds we live in: Simple VS. Complex Systems
You get unintended consequences when you try to fix complex systems by simple rules. Can't use the "simple" limited information to rule a complex system.
American Disabilities Act raised the stakes of hiring a disabled person due to people suing for being fired in the future. Therefore hiring of disabled people decreased considerably.
"Pie Fallacy" is that there's a fixed amount of wealth in the world. If Steve Jobs never created Apple we would be richer.
Pie fallacy says that by getting wealthy all you're doing is stealing from other people. Consequences of following this pie fallacy is that by supporting these policies are created that stop entrepeneurialism, free trade, and other positive influential programs. While we don't want vast inequality can't stop individual businesses.
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