Ronald Coase Quotes


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.


Citations

Coase, Ronald H. Interview by Thomas W. Hazlett. "Looking for Results." Reason, Jan. 1997.

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Ronald Coase
Ronald Coase
  • Born: December 29, 1910
  • Died: September 2, 2013
  • Nationality: British
  • Profession: Economist

Ronald Harry Coase was a British economist and author. He was the Clifton R. Musser Professor of Economics at the University of Chicago Law School, where he arrived in 1964 and remained for the rest of his life. He received the Nobel Memorial Prize in Economic Sciences in 1991.