It is the welfare state that has made capitalism, with all … - Nicholas Barr

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

Nicholas Barr

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About Nicholas Barr

Nicholas Barr FRSA is a British economist, currently serving as professor of public economics at the London School of Economics (LSE). He received his Ph.D. in Economics as a Fulbright Scholar from the University of California and his MSc in Economics from LSE.

All quotes from Nicholas Barr Similar Quotes by other Originators

Originators like Nicholas Barr:

Milton Friedman Harvey S. Rosen John Komlos Kenneth Arrow Joseph E. Stiglitz

Additional quotes by 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'.

A reduction in the liberty of the least well off cannot be justified even if it is to their economic advantage.

By 'trading' (i.e. pooling), individuals can acquire certainty.

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

About Nicholas Barr

Additional quotes by Nicholas Barr