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Nicholas Adrian Barr (1943–)

In: The Palgrave Companion to LSE Economics

Author

Listed:
  • Stuart Astill

    (University of London)

Abstract

Astill presents Nicholas Barr’s contributions as an academic, his policy work and its influence in the UK and across the world. Barr created an economics of the welfare state, drawing on, among other things, the new economics of information. He established the efficiency role of the welfare state to go far beyond the existing rationale of market failure correction. Barr brings clarity to the controversial economics of higher education finance, presenting the mechanisms at work as transfers of consumption across an individual’s life cycle that mirrors pensions, but recognising the wider systemic failures of choice and access. Finally, with Peter Diamond, Barr explodes myths about pensions and reconstructs the economic analysis space with a pragmatic focus on design issues.

Suggested Citation

  • Stuart Astill, 2019. "Nicholas Adrian Barr (1943–)," Palgrave Macmillan Books, in: Robert A. Cord (ed.), The Palgrave Companion to LSE Economics, chapter 0, pages 805-830, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-58274-4_33
    DOI: 10.1057/978-1-137-58274-4_33
    as

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