Consquences, intended and unintended

Two intriguing and thought-provoking articles are well worth reading – both from the Mises Institute, home to libertarian thinking and Austrian economics.

  1. Gary Galles* writes about the Inexcusable Unintended Consequences of government policies, its reaction to those consequences and whether government is culpable for not predicting the possibility of those consequences.
  2. Briggs Armstrong** explains “Why I Pay with Two-Dollar Bills“.

* Gary M. Galles is a professor of economics at Pepperdine University
** Briggs Armstrong is a student at Auburn University majoring in accounting and minoring in finance. He is a member of the Auburn University Libertarians, the Auburn Economics Club, and the Auburn Philosophy Club

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