1960s Quote by George Stigler
“It was in the 1960s that I began the detailed study of public regulation.”
About This Quote
Source Book: The Theory of Economic Regulation, George Stigler, 1971
He began systematically analyzing how governments control markets, shaping modern regulatory economics.
In simple terms: He started studying how governments regulate.
Key Takeaway
Study regulatory impacts carefully.
Themes
economics
regulation
policy
history
Mood
analytical
reflective
Type
academic
informative
When to use this quote
- policy analysis
- academic research
- government oversight
Key Concepts
public choice
market failure
institutional analysis
Questions to Reflect On
- How do political pressures affect regulatory design?
- What data best reveal regulatory outcomes?
A Different Perspective
Regulation can be influenced by political interests, limiting objectivity.
![“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](https://sms4smile.com/quotes/img-quotes/02e/ronald-coase-17623_agriculture_i-can-t-remember-one-example-of-regulati_654706.jpg)
![“Nearly all the writing of our time is likely to disappear in a hundred years. Certainly most readers - and nearly all critics - feel that [Kurt] Vonnegut started to repeat himself, to grow increasingly self-indulgent and meandering, and to sometimes just blather in his later work. But his books up…” quote by Michael Dirda](https://sms4smile.com/quotes/img-quotes/ed7/michael-dirda-3414_1960s_nearly-all-the-writing-of-our-time-is-li_13506.jpg)
![“[In the 1960s]...you could take LSD but you couldn't wear a pantsuit.” quote by Betsey Johnson](https://sms4smile.com/quotes/img-quotes/29a/betsey-johnson-11907_1960s_in-the-1960s-you-could-take-lsd-but-you_14174.jpg)
