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Eisenberg outlines the law of unintended consequences

Microeconomics is the study of behavioral changes – including the relationship between changes in price and changes in behavior. Regulatory changes create price changes. Therefore, “using microeconomics, let’s look at behavioral effects due to price changes resulting from regulatory changes,” said Dr. Elliot Eisenberg, senior economist for the National Association of Homebuilders, the keynote speaker… Continue Reading Eisenberg outlines the law of unintended consequences