Wednesday, November 20, 2013

The Law of Unintended Consequences plays out everywhere

Who could be against bans on child labor, right? Well, those who understand that the ban comes with unintended consequences that cause outcomes worse than the ban itself.  Jeff Miron, discussing recent research on the effects of a new child labor ban in India, presents this passage from the research article:

Here's a link to the research paper at the National Bureau of Economic Research. [ht:]