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12. Last week we studied both that people respond to incentives, and that laws passed with the best of intentions often have unintended consequences. Here
12. Last week we studied both that people respond to incentives, and that laws passed with the best of intentions often have unintended consequences. Here is a short Marginal Revolution post about these ideas in action in Spain during the COVID lockdown. https://marginalrevolution.com/marginalrevolution/2020/03/dog- walking-markets-in-thwarting-the-spanish-lockdown.html Explain with at least 3 sentences why this article reflects one or both of those principles. (6 points)
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