And this is a major public policy problem, for at least two reasons.

CNN: Americans' 90% tax rate

The moment zombies are added to the mix, a dry public policy problem suddenly becomes a game of sorts, accessible to ordinary citizens.

WSJ: Why Zombies Are Everywhere

Public policy has aggravated the problem.

ECONOMIST: All roads lead to Mexico City

In both Mercatus Center reports, the first step to better public discourse and policy is better information and clear problem definitions.

FORBES: Cyberwar Hype Comes Under Increasing Scrutiny

For example, the slippery slope concern is a proper brake on public policy when a given policy seeking to curb a specific, discreet problem would have a likelihood of curbing similar behavior that is in fact not a problem, and indeed, behavior that might be of value to the society.

CENTERFORSECURITYPOLICY: Center For Security Policy

"The early evidence is that we don't have a problem yet, " says Cliff Zukin, a professor of public policy at Rutgers University.

NPR: Do Polls Miss Views of the Young & Mobile?

That problem is compounded with members making their own forecasts of policy public since it will cause them to stick to their forecasts too long after the need to adjust them becomes obvious to everyone else.

FORBES: Through the FOMC's Looking Glass: An Orgy of Transparency

The jobs problem we face today is that employment is below capacity in existing firms and public policy should focus on what might be done to get existing firms to re-employ those that had jobs at their firms at the peak of the expansion.

FORBES: Entrepreneurs Can Solve The Unemployment Problem -- If Government Gets Out Of The Way

Protecting small depositors is a commendable public policy but leaving larger depositors unprotected is likely to produce a European banking system in which liquidity runs are a serial problem.

FORBES: Cyprus Deposit Levy: No Panic Yet But Scary Long-Term Consequences