Tag: unintended consequences

  • The Small-Time Landlord vs. Big-Time Tenants’ Rights

    The Bay Citizen: The Small-Time Landlord vs. Big-Time Tenants' Rights San Francisco's strong renter protections are a big reason why the city has the region's highest vacancy rate. In San Francisco, one of the toughest places in the country to find a place to live, more than 31,000 housing units — one of every 12…

  • Good Intentions, Bad Policy

    New York Times: Good Intentions, Bad Policy Perhaps the single most important policy-related insight in economics is that changes in policies lead to behavioral responses. More generous unemployment insurance leads to longer spells of unemployment; implicit government guarantees of financial institutions lead to too much risk-taking. Well-designed policies, like a congestion tax or carbon tax,…