Government regs erode private property rights Government regs erode erode(City(1991 urban agglomeration pop.361, 755), Tamil Nadu state, S India, on the Kaveri River. TheCityis located in a cotton-Growing region, and its industries include cotton ginning and the manufacture of transport equipment.Private property rights Recently, professor ronald coase ronald harry coase(B.December 29, 1910)Is a british economist and the clifton r.Musser professor emeritus of economics at the university of chicago law school.After studying with the university of london external programme in 1927-29, Coase entered the London School of of the Chicago Law School became the first law school professor to win the Nobel Prize Nobel Prize, award given for outstanding achievement in physics, chemistry, physiology or medicine, peace, or literature.The awards were established by the will of alfred nobel, who left a fund to provide annual prizes in the five areas listed above.For economics.Professor c ... Read more »