---
title: "1 Ignorance Prejudice Quotes By Ronald Coase"
description: "1 Ignorance Prejudice quotes by Ronald Coase. Plus more from Ronald Coase and more Ignorance Prejudice sayings from other authors."
image: "https://sms4smile.com/quotes/i/290/ronald-coase-17623_accounts_we-must-first-note-that-economic-factors_1385333.png"
---

> [We must first note that economic factors are taken into account in a world in which ignorance, prejudice, and mental confusion, encouraged rather than dispelled by the political organization, exert a strong influence on policy making.](https://sms4smile.com/quotes/ronald-coase/we-must-first-note-that-economic-factors-are-taken-into-account-in-a/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

[Image](https://sms4smile.com/quotes/i/290/ronald-coase-17623_accounts_we-must-first-note-that-economic-factors_1385333.png)

## More by Ronald Coase

> [The main reason why it is profitable to establish a firm would seem to be that there is a cost of using the price…](https://sms4smile.com/quotes/ronald-coase/the-main-reason-why-it-is-profitable-to-establish-a-firm-would-seem/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

> [A firm, therefore, consists of the system of relationships which comes into existence when the direction of resources is dependent on an entrepreneur... As…](https://sms4smile.com/quotes/ronald-coase/a-firm-therefore-consists-of-the-system-of-relationships-which-comes/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

> [Despite all the efforts of art dealers, the number of Rembrandts existing at a given time is limited; yet such paintings are commonly disposed…](https://sms4smile.com/quotes/ronald-coase/despite-all-the-efforts-of-art-dealers-the-number-of-rembrandts/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

> [Data can't speak for itself; it's up to you to give it a voice. Try to speak truthfully.](https://sms4smile.com/quotes/ronald-coase/data-can-t-speak-for-itself-it-s-up-to-you-to-give-it-a-voice-try-to/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

> [ 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,… ](https://sms4smile.com/quotes/ronald-coase/i-can-t-remember-one-example-of-regulation-that-s-good-regulation-of/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

> [In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put…](https://sms4smile.com/quotes/ronald-coase/in-my-youth-it-was-said-that-what-was-too-silly-to-be-said-may-be/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

> [Ronnie had it right calling it Torture. That is a much more accurate description the way I see it.](https://sms4smile.com/quotes/ronald-coase/ronnie-had-it-right-calling-it-torture-that-is-a-much-more-accurate/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

> [The tools used by economists to analyze business firms are too abstract and speculative to offer any guidance to entrepreneurs and managers in their…](https://sms4smile.com/quotes/ronald-coase/the-tools-used-by-economists-to-analyze-business-firms-are-too/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

> [The pollution problem is always seen as someone who was doing something bad that has to be stopped. To me, pollution is doing something…](https://sms4smile.com/quotes/ronald-coase/the-pollution-problem-is-always-seen-as-someone-who-was-doing/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

> [ I can't remember \[of a good regulation\]. Regulation of transport, regulation of agriculture — agriculture is a, zoning is z. You know, you go… ](https://sms4smile.com/quotes/ronald-coase/i-can-t-remember-of-a-good-regulation-regulation-of-transport/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

> [The law of property determines who owns something, but the market determines how it will be used.](https://sms4smile.com/quotes/ronald-coase/the-law-of-property-determines-who-owns-something-but-the-market/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

> [What I have done is to show the importance for the working of the economic system of what may be termed the institutional structure…](https://sms4smile.com/quotes/ronald-coase/what-i-have-done-is-to-show-the-importance-for-the-working-of-the/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

> [We must first note that economic factors are taken into account in a world in which ignorance, prejudice, and mental confusion, encouraged rather than…](https://sms4smile.com/quotes/ronald-coase/we-must-first-note-that-economic-factors-are-taken-into-account-in-a/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

> [In my long life, I have known some great economists, but I have never counted myself among their number nor walked in their company.](https://sms4smile.com/quotes/ronald-coase/in-my-long-life-i-have-known-some-great-economists-but-i-have-never/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

> [Existing economics is a theoretical system which floats in the air and which bears little relation to what happens in the real world.](https://sms4smile.com/quotes/ronald-coase/existing-economics-is-a-theoretical-system-which-floats-in-the-air/)

[Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/)

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