From Forbes:

1. Ignoring incentives

2. Public Choice Theory

3. Overriding Price Signals

4. Underestimating the Role of Information

5. The Modelling Trap

6. The Power of Failure — Public vs. Private Accountability Systems

7. Rent-Seeking

8. Concentrated Benefits, Dispersed Costs

9. The Seen and Unseen

10. Broken Window Fallacy