Question

What is Counter Productive Law?

Answer 1

A counter productive law diminishes the production of goods and services. It often leads to certain power groups misusing and profiting from the law.

Example- Medical patients are justified on the grounds of long and extensive research. However this results in very high prices of essential life saving medicines.

Answer 2

Answer:

By “counter-productive”, I refer to lawswhich undermine, suppress or otherwise diminish the production and exchange of goods and services. ... But when some powerful economic interests get disproportionate benefits from such laws, these get expanded, enhanced, or extended far beyond their originally-modest intentions.