EPIC POLICY FAIL

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"When we change policy- when we add a rule, change a rule, or adopt some new set of rules- we are in effect running an experiment based on more or less informed expectations about the likely outcome. It is important to recognize that the complexity of the biological and socio-economic environment, combined with the complexity of institutional rules, makes it fairly likely that any proposed changes of rules will fail."
Nobel Prize winning economist Elinor Ostrom

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