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+41 79 211 58 65
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info@claudiograss.ch
Claudio Grass, Precious Metal Advisory In Switzerland

Claudio Grass, Precious Metal Advisory In Switzerland

Sound Money, Sound Society

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Home >lessons from the past

Tag: lessons from the past

November 29, 2021November 29, 2021

Government interventions and the Cobra effect – Part I

Government interventions and the Cobra effect – Part I

Part I of II Almost two decades ago, German economist Horst Siebert coined the term the “Cobra effect” to describe the real-world consequences of “well-intentioned” government interventions that go awry and produce the exact opposite results from what they aim for. The term was inspired by an incident that took place in India during the British rule, …

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