We can wind up with misleading metrics when the number we use as a goal becomes the incentive that distorts output decisions.
Why We Could Have Twist Tie Tariffs
Just like Alaskans have many words for snow, Bedford Industries has a lot of names for twist ties. There are spooled ties and poly twists, clip bands and double wire tin-ties. And that was only the beginning. I copied some…
Past Tariffs and Future Shortages
Medical product shortages were the unintended consequence of the tariffs that were supposed to diminish our trade with China.
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