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Bad Quote by 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 bad and good. People don't pollute because they like polluting. They do it because it's a cheaper way of producing something else.” quote by Ronald Coase
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“The pollution problem is always seen as someone who was doing something bad that has to be stopped. To me, pollution is doing something bad and good. People don't pollute because they like polluting. They do it because it's a cheaper way of producing something else.”

Ronald Coase

About This Quote

Pollution is often framed as purely harmful, but it can be a side effect of cheaper production methods that also create value.

In simple terms: Pollution can be a by‑product of cheap production.

Key Takeaway

Recognize trade‑offs in environmental policy.

Themes

environment economics tradeoffs

Mood

concerned analytical

Type

policy economic

When to use this quote

  • manufacturing
  • energy production
  • policy design

Key Concepts

externalities costbenefit analysis

Questions to Reflect On

  • How can we align profit motives with environmental health?
  • What policies balance cost and sustainability?
A Different Perspective

Ignoring economic incentives can hinder effective solutions.

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