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- The law of unintended consequences is a frequently-observed phenomenon in which any action has results that are not part of the actor's purpose. The superfluous consequences may or may not be foreseeable or even immediately observable and they may be beneficial, harmful or neutral in their impact.
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What is the law of unintended consequences?
What are the impacts of the law of unintended consequences (Luc)?
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What is an example of a law based on unintended consequences?
The law of unintended consequences is at work always and everywhere. People outraged about high prices of plywood in areas devastated by hurricanes, for example, may advocate price controls to keep the prices closer to usual levels.
In the social sciences, unintended consequences (sometimes unanticipated consequences or unforeseen consequences, more colloquially called knock-on effects) are outcomes of a purposeful action that are not intended or foreseen. The term was popularized in the 20th century by American sociologist Robert K. Merton.
Learn what the law of unintended consequences means and see some examples of how actions have unexpected side-effects. The web page also explains how to design for change and adapt to new situations.
- Examples of Unintended Consequences
- What Is Unintended Consequences?
- Unintended Consequences in Everyday Life
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After Exxon Valdes oil spill many US coastal state enacted a law of placing unlimited liability on tanker spills. This led to many big oil companies subcontracting the delivery of oil to other comp...Another example is the maximum price for renting accommodation. A government may respond to public pressure and impose maximum rent levels for accommodation in London. But, a maximum price which lo...To reduce a budget deficit, the government may cut spending and raise taxes. You would expect this to improve government finances. But, if the tax increases and spending cuts caused a fall in AD an...The government cut railway infrastructure in the 1960s and built roads. This caused a big growth in car transport. By the 1990s, there was increased demand for trains because of congested roads, ye...A good economist should be able to foresee some of these ‘unintended consequences’ The idea of maximum prices causing a shortage is basic economics.
We pay our children £3 to clean the car. But, the unintended consequence is that this changes their perspective on household chores. It could make them less willing to help around the house for free, but expect payment. We stay on to do unpaid overtime for our boss, hoping that it will gain us good-will. But, then boss comes to expect we start to d...
Learn how economic decisions may have effects that are unexpected, such as distorting consumer or producer behaviour. See examples of unintended consequences in oil spills, rent control, fiscal policy, and more.
Apr 7, 2023 · What is the Law of Unintended Consequences? Statement. The law of unintended consequences states that the actions taken by economic decision makers with a specific objective in mind can lead to unexpected outcomes.
Feb 11, 2020 · The impacts of the Law of Unintended Consequences (LUC) are pervasive, cutting a wide swath across decisions in business, government, and our personal lives. What accounts for its disruptive power, which frustrates and confounds our best-laid plans and efforts?
