肯尼斯·阿罗（Kenneth Arrow）指出，至少两种利润极大化却没有效率的情况。其中之一是社会担负了公司运作的某些成本，如空气或水污染。
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Kenneth Arrow（肯尼思·阿罗）：诺贝尔奖获得者、斯坦福大学经济学教授
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他扩展了美国经济学家、诺贝尔经济学奖得主肯尼斯阿罗（Kenneth Arrow）的不可能性定理适用范围，后者曾赞其为“离诺贝尔经济学奖最近的华裔经济学家”。
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Kenneth Joseph Arrow 阿罗 ; 肯尼思·约瑟夫·阿罗 ; 社会选择与个人行为 ; 肯尼斯
Kenneth Arrow: This is a problem.
阿罗：这的确是一个问题。
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Kenneth Arrow: Well, there are two ideas.
阿罗：这里面有两种想法。
Kenneth Arrow: I assume you already have this.
阿罗：我觉得你应该已经知道了。
When Kenneth Arrow (1972) taught my Economics 10 section at Harvard, he struck me as exceptionally intelligent.
FORBES: Which Nobel Economists Are Idiots?
In these situations, a second theory, offered by Kenneth Arrow and Edmund Phelps in the early 1970s, is more useful.
ECONOMIST: Race, sex and the dismal science
James Tobin was a member, Robert Solow was a staff economist, and consultant economists included Kenneth Arrow and Paul Samuelson.
ECONOMIST: How good is the Council of Economic Advisers?
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