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Friday, November 16, 2012

Law of Unintended Consequences

As the stock market continues to slide down in a post-election malaise, investors still seem focused on the "fiscal cliff".  I still believe that much of this investor anxiety is unwarranted and based partly on hype, as explained in this Wall Street Journal article .

However, once some bargain is agreed upon, it will undoubtedly be plagued by the "law of unintended consequences".  Since it's Friday, I thought a little levity would be in order.  Here is a video from Freakonomics, and it does a great job depicting unintended consequences: