“As soon as a mayor announced his/her ‘get tough on crime’ p…
“As soon as a mayor announced his/her ‘get tough on crime’ policy on New Year’s day, criminals got scared and the crime rate went down.” Suppose that the lower crime rate was actually caused by freezing cold temperatures in JanuaryâŻit was just too cold for anybody to be out robbing other people. Which fundamental hazard of the economic way of thinking did the mayor make?
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