What are some examples where mainstream economic policies have had unintended consequences?

Apr 2, 2019 ... “In a Malthusian economy where intensive growth is not possible, strong property rights simply reinforce the existing distribution of resources. Aug 9, 2017 ... They stood idly by as jobs went overseas, demand was sapped by increasingly uneven distributions of income, competition was destroyed by lax ... Neoclassical economics is a broad approach that attempts to explain the production, pricing, consumption of goods and services, and income distribution through ... Nov 3, 2017 ... If we're viewing particular capital goods, such as a tractor, then their marginal product doesn't equal an interest rate—that doesn't even have ... Neoclassical economics conceptualized the agents, households and firms, as rational actors. Agents were modeled as optimizers who were led to "better" outcomes. For example, Weintraub (1993) wrote over two decades ago that “what is mainstream economics today is neoclassical economics”. However, he defined this ... Jan 26, 2025 ... No photo description available. Rick Gannon. 󱢏. Blogger. No photo description available. LBC. 󱢏. News & media website. No photo description ... May 1, 2013 ... Selfishness is actually a moral good, when it comes to the public economic realm. This move in the history of economics turned conventional morality upside ... IN-STREAM Research consortium 2011: Integration of mainstream economic indicators with sustainable development objectives. Summary Report (D 9.12). The changing face of mainstream economics ... This article argues that economics is currently undergoing a fundamental shift in its method, away from neoclassical ...