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Paperback The Law of Unintended Consequences and the Tort of Bad Faith: Why the Tort of Bad Faith has Outlived its Purpose Book

ISBN: 1098910303

ISBN13: 9781098910303

The Law of Unintended Consequences and the Tort of Bad Faith: Why the Tort of Bad Faith has Outlived its Purpose

The concept of unintended consequences is one of the building blocks of economics. Adam Smith's "invisible hand," the most famous metaphor in social science, is an example of a positive unintended consequence. Most often, however, the law of unintended consequences illuminates the perverse unanticipated effects of legislation and regulation. In 1692 the English philosopher John Locke, a forerunner of modern economists, urged the defeat of a parliamentary...

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Law

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