Quotes William Vickrey

Balancing a nominal budget will solve nothing, and attemptin...

Currently a level of unemployment of 7 percent or more seems...

Deficits do not in themselves produce inflation, nor does a ...

Don't you think you're just rearranging deck chairs on the T...

Firms would be given initial entitlements to gross markup on...

I define genuine full employment as a situation where there ...

If unemployment could be brought down to say 2 percent at th...

Increasingly prices are set by sellers to raise their prices...

It's insane to try to balance the budget....

Larger deficits are necessary and proper means to mitigate u...

Nearly all educational expenditure should be considered a ca...

Practically, the desirable situation ought to be one in whic...

The achievement of a reasonably full degree of employment wi...

The great increase in longevity has produced a surge in the ...

The insane pursuit of the holy grail of a balanced budget in...

The nominal budget is a poor indicator of the impact of gove...

The supply-side effect of a restrictive monetary policy is l...

There is no real justification for a requirement that a budg...

There is no reason inherent in the real resources available ...

This paper was one of my digressions into abstract economics...