Live Mint has a nice article on the effects of different activities from the perspective of an economist.
Why death penalty for rape is not a good thing?
Why Mafia encourages prohibition of liquor?
Why Mumbai under world was badly hit after the liberalization?
A must read article
http://www.livemint.com/2010/01/05201536/How-incentives-matter.html
Sent by Ankur.
Sunday, January 10, 2010
How Incentives Matter
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