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Available Quote by William Vickrey

“There is no reason inherent in the real resources available to us why we cannot move rapidly within the next two or three years to a state of genuine full employment.” quote by William Vickrey
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“There is no reason inherent in the real resources available to us why we cannot move rapidly within the next two or three years to a state of genuine full employment.”

William Vickrey

About This Quote

Source Speech: Economic Policy Address, William Vickrey, 1990

Economic capacity exists to achieve full employment quickly if policy aligns with resources.

In simple terms: Resources allow rapid full employment.

Key Takeaway

Align policy to unlock employment.

Themes

economics employment policy growth

Mood

optimistic analytical

Type

policy economic

When to use this quote

  • government planning
  • business investment
  • education training
  • infrastructure projects

Key Concepts

Keynesian theory labor market dynamics

Questions to Reflect On

  • What policies could accelerate full employment?
  • How to balance inflation risks?
A Different Perspective

Political resistance may delay implementation.

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