Clergyman's

It has been argued that relatively poor people will borrow to buy a house, so why not to buy a degree?
- Nicholas Barr

It is the welfare state that has made capitalism, with all its attendant benefits of economic growth, politically feasible...
- Nicholas Barr

Perfect competition must hold in product and factor markets, and also in capital markets. The assumption has two essential features: economic agents must be price takers; and they must have equal power.
- Nicholas Barr

Thus social insurance, in sharp contrast with actuarial insurance, can cover not only risk but also uncertainty.
- Nicholas Barr

Efficiency advantages and disadvantages are more finely balanced than with health care - one person's 'sign of a civilized society' is another's 'society is going to the dogs'.
- Nicholas Barr

A society is a cooperative venture for the mutual advantage of its members.
- Nicholas Barr

A 'socialist' country like Sweden has a highly articulated welfare state; Denmark and New Zealand were among the first countries with a public system of old-age pensions; and Saskatchewan was the first Canadian province to have publicly organized health insurance.
- Nicholas Barr

A 'socialist' country like Sweden has a highly articulated welfare state; Denmark and New Zealand were among the first countries with a public system of old-age pensions; and Saskatchewan was the first Canadian province to have publicly organized health insurance.
- Nicholas Barr

Markets can be efficient or inefficient; so can governments. thus market failure is a counterpoint to government failure.
- Nicholas Barr

Markets can be efficient or inefficient; so can governments. thus market failure is a counterpoint to government failure.
- Nicholas Barr