Forbes contributors publish independent expert analyses and insights. Economics professor and wearer of many hats. Economics: it’s the study of human action and its unintended consequences, and I ...

Fortunately, not all unintended consequences are bad. For example, economist Adam Smith in the 18th century referred to an Invisible Hand, which creates unintended social benefits and public good by ...

Earlier this month, the Trump Administration threatened to end federal tax credits for electric vehicles (EVs). Soon after, Congress decided it would not expand the EV federal tax credit, much to the ...

Don’t you just love the Law of Unintended Consequences? It keeps popping up. Take the article on Page 1 of this issue about how the Clean Trucks Program at the ports perversely led to the ...

Several years ago, a 50-acre wooded lot at the end of my block was sold. The trees were cut down, roads were laid, and dozens of houses were built. Suddenly, those of us who lived up the street ...