EppsNet Archive: Ronald Coase

Regulating Markets

The arguments for regulation of the market for goods and the regulation of the market for ideas are essentially the same, except that they’re perhaps stronger in the area of ideas if you assume consumer ignorance. It’s easier for people to discover that they have a bad can of peaches than it is for them to discover that they have a bad idea. — Ronald Coase Read more →

Ronald Coase, 1910-2013

To ignore the government’s poor performance of its present duties when deciding on whether it should or should not take on new duties is obviously wrong. — Ronald Coase Read more →