Mises Wire
Author:
Gary Galles
Online Publish Date:
An experienced birder might well see what you missed. Applying economics to public policy is akin to birdwatching in this way, except for the fact that few untrained to assume they have sufficient expertise in economics to pontificate on public policies. This leads to ignorance of the predictable, even if unintended, adverse side effects that can turn seemingly helpful economic policies into harmful ones, because people don’t know where or how to look to