Denison Forum
Dr. Jim Denison
The “law of unintended consequences” states that the actions of people and especially governments always have effects that are unanticipated or “unintended.” Not just sometimes—always.
Consider four examples.
One: President Trump has imposed tariffs on Canada, Mexico, and China, intended to encourage manufacturers to invest in the US (though he granted a one-month exemption yesterday for automakers). To illustrate their desired effect: Taiwan Semiconductor Manufacturing Co. announced a $100 billion investment deal in US facilities that will allow its customers to avoid tariffs. However, stock markets have reacted negatively to the announced tariffs; their ultimate economic impact is yet to be known. More Here
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