Nicholas Barr - Insurance Quotes

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

Nicholas Barr

A 'socialist' country like Sweden has a highly articulated welfare state; Denmark and New Zealand (which are not highly industrialized) 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