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Pain is not an unfortunate consequence of policies, it's what is supposed to happen.
As a consequence of policies such as this, life continues to be miserable for the latter minority.
"Given how badly we are doing on our employment mandate, we need to be willing to take a risk on inflation going modestly higher in the short run if that is a consequence of policies aimed at lowering unemployment," Mr. Evans said in a recent speech.
Interest rates are near record lows, a consequence of policies like quantitative easing that essentially put more money in the economy to be used by investors.
And what if it is, in fact, an unintended consequence of policies in other countries?
Furthermore, there is the legacy of corporate debt and excess capacity in former lead sectors that resulted as a consequence of policies implemented to avoid a hard landing in the aftermath of the global financial crisis.
Similar(49)
CHARLES G. CALIO Baghdad, Aug. 6, 2008 American service men and women fight and die as a consequence of policy decisions.
The consequences of policies on waste, transport and the urban environment are readily observable and local officials are held to account for their success or failure.
To the Editor: Your article draws much-needed attention to the unintended consequences of policies that seek to promote better performance and greater accountability.
This study adds to our understanding in the consequences of policies and contributes to the design of new space policies and programmes.
Our results underline the importance of country- and firm-level differences in analyzing firms' response to regulatory policies, and point to the need for a better understanding of the unintended consequences of policies designed to support new industries.
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