It didn’t make any of the New Year lists, but it has changed our lives nonetheless. It is the acceptance of “unintended consequences” as a viable excuse for catastrophic public policy.
Sure, we all make mistakes. Indeed, the economic philosophies favored by this foundation are grounded on the assumption that no matter how smart the humans gathered in a room they would lack sufficient information to make flawless decisions.
Those who now plead unintended consequences, however, do not concede such fallibility. They guarantee effectivity if not perfection. All they require is officially licensed expertise, unlimited money and, of course, the power of fiat.
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