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Comments on: Unintended consequences http://www.tvhe.co.nz/2012/08/20/unintended-consequences/ The Visible Hand in Economics Mon, 20 Aug 2012 06:53:00 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: detmackey http://www.tvhe.co.nz/2012/08/20/unintended-consequences/#comment-39866 Mon, 20 Aug 2012 06:53:00 +0000 http://www.tvhe.co.nz/?p=7447#comment-39866 Then there are the other ‘unintended’ consequences. Those foreseen, and advised about, but unwanted. Rarely a week goes by at work where I don’t encounter someone calling an impact an unintended consequence, despite being a logical and outcome of a proposed policy. When a consequence is unwanted, it’s a cost!

Your example will be very helpful in upcoming discussions about the need for ‘high-powered incentives’.

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