Publications

Policy Note 2009/6 | May 2009

The “Unintended Consequences” Game

A simple consideration of history tells us that each new piece of legislation contains loopholes that benefit a new class of entrepreneurs; some of these loopholes are small, but others are such that one could drive a bullion-laden truck through them. In this new Policy Note, Martin Shubik suggests creating a “war gaming group” to stress-test all major new legislation, with a first prize of $1 million to be awarded to the competing lawyer or team of lawyers who finds the most egregious loophole—a small amount relative to the potential savings.


Publication Highlight

Working Paper No. 887
Trump’s Bait and Switch
Job Creation in the Midst of Welfare State Sabotage
Author(s): Pavlina R. Tcherneva
March 2017

Quick Search

Search in: