Good Intentions & The Road to Somewhere

Politically popular mandates often, it not almost always, seem to have ironic economic consequences. So, why do we keep doing them? Is there something about the nebulous “need to do something” which trumps economic common sense? Or is it deeper than that? Are the people making serious economic decisions and policy really qualified to do so? After all, what is their incentive? In this week’s Trading Perspectives, Sam, Courtney and John discuss how some recent government mandates with good intentions around the world have produced horrible results.