Kyle Kispert. Introduction. Question 7

In the introduction, Charles Wheelan gives an example of a government policy that backfired. The program set in place by the French government in 2000, was described as faulty simply because the officials didn't have a solid grasp of fundamental economics. More specifically they didn't account for the jobs that were created when attempting to boost employment. This story made me realize the importance of economics and that economics should be considered before any decision is made. It doesn't matter the scale of the decision, economics will play a large role