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Agriculture Quote by 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, 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

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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