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I can't remember one [example of regulation] that's good…

“I can't remember one [example of regulation] that's good. Regulation of transport, regulation of agriculture - agriculture is a, zoning is z. You know, you go from a to z, they are all bad. There were so many studies, and the result was quite universal: The effects were bad.” quote by Ronald Coase
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“I can't remember one [example of regulation] that's good. Regulation of transport, regulation of agriculture - agriculture is a, zoning is z. You know, you go from a to z, they are all bad. There were so many studies, and the result was quite universal: The effects were bad.”

Ronald Coase

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Regulation often produces unintended negative effects across sectors, suggesting a need for careful design.

In simple terms: Regulation can cause harm.

Key Takeaway

Design rules that minimize side effects.

Themes

economics policy regulation

Mood

critical thoughtful

Type

analytical policy‑oriented

When to use this quote

  • environmental law
  • transport policy
  • agricultural standards
  • legislative review

Key Concepts

public choice externalities

Questions to Reflect On

  • When does regulation outweigh its costs?
  • How can we evaluate regulatory impact?
A Different Perspective

Some regulations may provide essential protections despite drawbacks.

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