EWOT #9

My EWOT this week is about the unintended consequence of a decision that the school made for Rizzo. (regulating). The school told Rizzo that he had to have open office hours this week. I went in earlier when he wasn't in his office and saw that it was only walk ins this week. When I then went the next day, there were 10 people lined up at his door. I instantly turned around because I did not have the time to wait. This long and unorganized line was an unintended consequence of people guessing when they would have a good chance to see him rather than knowing when a good time to go was based on when they signed up. This long line wasted a lot of time for people that were near the end of the line. They could have been using this time to do more productive things but instead were waiting in a long unnecessary line. Others like me who couldn't wait in the line missed out on an opportunity to talk to Rizzo that we would have had if he had sign up office hours. Not only does this example show how unintended consequences work, but it also shows that regulation is bad for a free market economy.