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Nicholas Barr - Education Quotes

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So far as school education is concerned, many of the assumptions necessary for market efficiency fail, the main problems being imperfect information, imperfect capital markets, and external effects.

Nicholas Barr
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Given the external benefits higher education creates, it is efficient that taxpayers subsidies should be a permanent part of the landscape.

Nicholas Barr
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Education to the extent that it raises an individual's future earnings, increases her future tax payments; in the absence of any subsidy, an individual's investment in education confers a 'dividend' on future taxpayers.

Nicholas Barr

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Dumbledore: It is our choices, Harry, that show what we truly are, far more than our abilities.
J. K. Rowling

Nicholas Barr

Nicholas Barr

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