3 ms·
My favorite "unintended consequences" story is the story about the Cobra Effect[1]. To me they're very closely linked not because one creates circumstances usin
by thinkingkong 3y ago
My favorite "unintended consequences" story is the story about the Cobra Effect[1]. To me they're very closely linked not because one creates circumstances using incentives and capital, but because people fail to see consequences several steps ahead.
1. https://en.wikipedia.org/wiki/Perverse_incentive https://en.wikipedia.org/wiki/Perverse_incentive