This Couldn't Backfire, Could It?... Paying Farmers Not To Grow Coca Edition
One of my favourite topics in my ECONS102 class is the first topic, in part because we spend a bit of time considering the unintended consequences of (often) otherwise well-meaning policies. And there are so many examples to choose from, I just can't fit them all into that class. Here's a new one from The Economist here), no individual or government will ever be as smart as all the people out there scheming to take advantage of an incentive plan.