We can wind up with misleading metrics when the number we use as a goal becomes the incentive that distorts output decisions.
As more nations experiment with central bank digital currencies, we could see less cash, fewer banks, and maybe some unintended consequences.
Looking back at Medicare and Medicaid, we can see why there are several versions of spending projections for the American Families Plan.
The U.S. birth rate has been gliding downward. Per thousand women, aged 15 to 44, the general fertility rate dipped from 60.1 in 2018 to a provisional 56.8 during the end of 2020: Correspondingly, remaining at 20 percent, there is…
Tariffs and trade deals can have unintended consequences. The Trump tariff war was not supposed to send jobs to China. However, Tesla responded in 2018 to China’s 25% retaliatory tariff on U.S. autos with a quickly completed plant in Shanghai.…
While library late fees are supposed to be incentives that encourage us to return books, instead they have unintended consequences.
Whereas the headlines tell us all about the impact of Chinese tariffs on the prices of U.S. goods, there is a hidden side that they have not mentioned.
Although plastic bag bans do help the environment, they also create unintended consequences that might make them less desirable.
While awards are all about recognition, inspiration, and appreciation, sometimes they are not exactly what we expect them to be.