Oct 19, 12 •
371 Views •
Behavioral Economics, Businesses, Demand, Supply, and Markets, Economic Debates, Economic History, Environment, Government, Households, International Trade and Finance, Macroeconomic Measurement, Regulation, Uncategorized •
Elaine Schwartz •
Next to “no free lunch,” perhaps the most important idea in an economics tool kit is “unintended consequences.” Our story starts in Bogota, Colombia and a visiting professor who tells the Freakonomics people that his friends picked him
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