gnostek
- 01When the British scrapped the cobra bounty, breeders released their entire stock — all worthless now.
- 02A parallel scheme in Hanoi, 1902, paid for rat tails; Vietnamese cut tails off and released rats to breed more.
- 03The term 'cobra effect' was coined by German economist Horst Siebert in his 2001 book of the same name.