The Times of India

Lessons from Florida

MANY lessons flow from the deadlocked US presidential election, which is beginning to look like something out of Never-Never Land. One major lesson for the United States of America is that pride goes before a fall. Having lectured other countries

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Law of Unintended Consequences

The law of unintended consequences says that any policy will typically have consequences not foreseen by either its proponents or critics. Douglas North, the Nobel Prize-winning historian, says successful policy-makers are those who have made shrewd guesses and benefited from

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