As always with China's reforms, it is worth thinking about the law of unintended consequences.

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"The law cannot just apply without thinking of the consequences to the family, " Prime Minister Goh Chok Tong declared publicly.

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However, just thinking of economics 101, the law of supply and demand implies that if less of something is available there is a good chance the price of what on the market will increase.

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With new criminal and tort law now in effect, companies will be thinking of how to develop internal control procedures to prevent rogue employees from misusing customer data, and incorporating some of these guidelines may be prove to be a useful defense in case of individual lawsuits.

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America is thinking of creating a general consumer-privacy law and the European Union is updating its rules.

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Some judges have also looked to Constitutional antecedents like English jurist William Blackstone to help better understand the context and thinking of the Founders and their foundations in English common law.

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The shared value economy is shifting us away from only thinking about assets, capital and traded goods to repositioning capitalism for what the law of comparative advantage originally intended: The holistic betterment of society.

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As the thinking goes, if a majority of those in the class who would be the victims of the law turn out to support the law, then the law must not be violating rights.

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