One of the fundamental problems of central planning of any kind is what we systemic thinkers call the ‘Law of Unintended Consequences.’ It’s not really a law but it should be. You know you’re dealing with an ‘unintended consequence’ of a policy when the politicians, bankers, regulators and their apologists in the media say something like, ‘well, you know, no one could have foreseen {fill in the blank}.” Some of those blanks are: The Housing Bubble of 2005-07 which caused the financial crisis of 2008. The election of Donald Trump after decades of offering false choices to the American Electorate. … Continue reading The Unintended Consequences of Covid-9/11