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William Vickrey Quotes & Sayings
Showing search results for "William Vickrey" sorted by relevance. 500 matching entries found.
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QUOTES
It's insane to try to balance the budget.
William Vickrey
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This paper was one of my digressions into abstract economics.
William Vickrey
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Don't you think you're just rearranging deck chairs on the Titanic?
William Vickrey
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The nominal budget is a poor indicator of the impact of government outlays and revenues.
William Vickrey
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Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.
William Vickrey
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Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.
William Vickrey
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The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression.
William Vickrey
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There is no real justification for a requirement that a budget of any sort should be balanced, except as a rallying point for those who seek to hamstring government.
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
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Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare.
William Vickrey
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Practically, the desirable situation ought to be one in which any reasonably responsible person willing to accept available employment can find a job paying a living wage within 48 hours.
William Vickrey
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The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure.
William Vickrey
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Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation.
William Vickrey
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Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain.
William Vickrey
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Firms would be given initial entitlements to gross markup on the basis of past performance. These entitlements would be transferable and a market in them would be developed.
William Vickrey
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Nearly all educational expenditure should be considered a capital outlay, whether it provides a future return in the form of enhanced taxable income or in terms of an enhanced quality of life.
William Vickrey
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I define genuine full employment as a situation where there are at least as many job openings as there are persons seeking employment, probably calling for a rate of unemployment, as currently measured, of between 1 and 2 percent.
William Vickrey
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If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.
William Vickrey
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The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability of the private sector to produce assets, so we need a larger government debt.
William Vickrey
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1 - 2 - 3 To be a man's own fool is bad enough, but the vain man is everybody's. William Penn To be like Christ is to be a Christian. William Penn True godliness does not turn men out of the world, but enables them to live better in it and excites their endeavors to mend it. William Penn True silence is the rest of the mind, and is to the spirit what sleep is to the body, nourishment and refreshment. William Penn Truth often suffers more by the heat of its defenders than the arguments of its opposers. William Penn We are apt to love praise, but not deserve it. But if we would deserve it, we must love virtue more than that. William Penn 1 - 2 - 3
William Penn
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