Month: April 2011
-
Unintended Consequences to the max
I have several posts on unintended consequences of government policies, starting with one on November 27, 2010. (Click the Unintended Consequences category to see them all.) I just ran across a book that focuses exclusively on this topic and makes the point that some policies don\’t just have minor negative outcomes but actually lead to…
-
Electronic Currency (e.g., BitCoin) – An End Run Around the Fed?
When I first heard the position that the federal government should get out of the business of providing a currency I thought it sounded like the authors were not quite as connected with reality as one would hope. However, I have been reading and hearing more and more about the general idea and I no…