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Tagged With « cause »

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  Face to face with the law of unintended consequences

  Recent experiences have reminded me of one of my favorite economist’s terms, the so-called “law of unintended consequences.” It is not a law in the literal sense, but refers to the idea that actions of people—and especially of organizations—often have effects that are unanticipated or unintended. Economists and other social scientists have long understood this, but organizations and individuals often ignore it at their peril. I am not sure why, but when I am in South Asia, I think about this more often than I do at home.

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  Jan 10