“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

Source: Economics Of The Welfare State (Fourth Edition), Chapter 13, School Education, p. 297-298

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Education to the extent that it raises an individual's future earnings, increases her future tax payments; in the absen…" by Nicholas Barr?
Nicholas Barr photo
Nicholas Barr 23
British economist 1943

Related quotes

William D. Nordhaus photo

“We have to be grown-ups, I think [when discussing the payment of funds today to prevent climate harm which may be decades in the future]. There are lots of things we do where the investments come way, way in the future. Educating 4-year-olds... that's an investment that goes way into the future as well.”

William D. Nordhaus (1941) American economist

"Economist Says Best Climate Fix A Tough Sell, But Worth It." http://www.npr.org/2014/02/11/271537401/economist-says-best-climate-fix-a-tough-sell-but-worth-it National Public Radio. February 11, 2014.

Warren Farrell photo

“The feminist-only funding leads to studies that misinform the nation that a divorced mother is economically more hurt than a divorced man, so judges feel a mandate to make his future income hers, and legislatures feel fine about refusing to make his mother subsidy payments tax deductible even as she pays no taxes on the money received. And all this perpetuates the belief that he earns more money….”

Warren Farrell (1943) author, spokesperson, expert witness, political candidate

Source: Father and Child Reunion (2001), p. 240.

Pope Francis photo

“Investing in education means helping children and young people to discover and appreciate the most important values and to have the courage to look to their future with hope.”

Pope Francis (1936) 266th Pope of the Catholic Church

2020s, 2021

Robert Maynard Hutchins photo

“Is there any such thing as "an education"? The answer that is made by the devotees of the dogma of individual differences is No; there are as many different educations as there are different individuals; it is "authoritarian" to say that there is any education that is necessary, or even suitable, for every individual.”

Robert Maynard Hutchins (1899–1977) philosopher and university president

Great Books: The Foundation of a Liberal Education (1954)

Ernest Solvay photo

“The man of the future will be dedicated to individualism.”

Ernest Solvay (1838–1922) Belgian chemist, industrialist, philanthropist
Nicholas Barr photo

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

Nicholas Barr (1943) British economist

Source: Economics Of The Welfare State (Fourth Edition), Chapter 14, Higher Education, p. 329

John F. Kennedy photo

“The future of any country which is dependent upon the will and wisdom of its citizens is damaged, and irreparably damaged, whenever any of its children is not educated to the full extent of his talent, from grade school through graduate school.”

John F. Kennedy (1917–1963) 35th president of the United States of America

1963, Third State of the Union Address

Ernesto Che Guevara photo

“In the future individualism ought to be the efficient utilization of the whole individual for the absolute benefit of a collectivity.”

Ernesto Che Guevara (1928–1967) Argentine Marxist revolutionary

On Revolutionary Medicine (1960)

Aurelia Henry Reinhardt photo

“The future of our country depends on our educational institutions. They will be kept democratic.”

Aurelia Henry Reinhardt (1877–1948) American educator and social activist

In [Henry Reinhardt, Aurelia, "Keep Our Colleges Democratic" Plea of Noted Woman Educator, https://cdnc.ucr.edu/cgi-bin/cdnc?a=d&d=MM19200423.2.22&srpos=4&e=-------en--20--1--txt-txIN-Aurelia+Henry+Reinhardt-ILLUSTRATION------1, 3 July 2018, Madera Mercury, April 23, 1920]

Michael Elmore-Meegan photo

“The future lies in education, for 36 years ICROSS has focused on educating girls and making sure that they see their own potential”

Michael Elmore-Meegan (1959) British humanitarian

Changing the World

Related topics