Chesterton’s fence principle can be explained as follows: Don’t take down a fence until you know the reason it was put up in the first place. In other words, don’t be so quick to tear down things you don’t understand. G.K. Chesterton was an early 20th century English writer best known for the Father Brown…
According to the theory of risk compensation, people adjust their behavior in response to perceived levels of risk; they are careful when they sense heightened risk and less careful when they feel more protected. As a result, attempts to increase safety can have the opposite effect. For example, the much-cited paper “The Effects of Automobile…
Whenever plans don’t work out the way someone expects them to, I’m reminded of the cobra effect. Coined in a book written by the late German economist Horst Siebert, the cobra effect is a cautionary tale of unintended consequences during British rule in India. The British government was concerned that venomous cobra snakes were common…