Economic Output Quotes by William Vickrey

More Quotes by William Vickrey

William Vickrey has 22 quotes on this site. A few more worth reading:

• To stick to the present situation would be something like a man who was observed in Times Square looking earnestly along the…
• The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability…
• The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a…
• Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.
• Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.
• The nominal budget is a poor indicator of the impact of government outlays and revenues.
• Firms would be given initial entitlements to gross markup on the basis of past performance. These entitlements would be transferable and a…
• Practically, the desirable situation ought to be one in which any reasonably responsible person willing to accept available employment can find a…
• If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10…
• Nearly all educational expenditure should be considered a capital outlay, whether it provides a future return in the form of enhanced taxable…
• Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare.
• The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and…

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