More quotes by Nicholas Barr
" there is an efficiency case for an institutional welfare state."
In a world of certainty, the welfare state has only a small role.
It is argued that regulators are frequently captured by those whom they are supposed to regulate.
Attribution
Quote text and notes from Wikiquote: Nicholas Barr (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.