• The Cobra Effect: Lessons in Unintended Consequences

    The Cobra Effect: Lessons in Unintended Consequences

    Human beings react to every rule, regulation, and order governments impose, and their reactions result in outcomes that can be quite different than the outcomes lawmakers intended. Every human decision brings with it unintended consequences. Often, they are inconsequential, even funny. When Airbus, for example, wanted to make its planes quieter to improve the flying …