• Skip to main content
  • Skip to primary sidebar

Quotes Guru

Largest Quotes Collection!

  • Hot Topics
    • Body
    • Joy
    • Love
    • Modernism
    • Comedy
    • Okay
    • Separation
    • Sexuality
    • Time
    • Weakness
  • About
  • Privacy Policy
  • Contact

Top 19 William Vickrey Quotes in 2020

By: Quotes Guru | Last Updated: June 19, 2020

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

― William Vickrey

“Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.”

― William Vickrey

“Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain.”

― William Vickrey

“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

“Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.”

― William Vickrey

“Don’t you think you’re just rearranging deck chairs on the Titanic?”

― William Vickrey

“It’s insane to try to balance the budget.”

― William Vickrey

“Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare.”

― William Vickrey

“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

“The nominal budget is a poor indicator of the impact of government outlays and revenues.”

― William Vickrey

“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

“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

“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

“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

“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

“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

“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

“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

“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

Filed Under: Top Quotes, W

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Recent Posts

  • Top 6 Blazer Quotes in 2022
  • Top 5 Coincidences Quotes in 2022
  • Top 14 Forbidden Quotes in 2022
  • Top 20 Worst Thing Quotes in 2022
  • Top 11 Planets Quotes in 2020
  • Top 11 Pirate Quotes in 2020
  • Top 15 Realism Quotes in 2020
  • Top 43 Old-Fashioned Quotes in 2020
  • Top 27 Vegetable Quotes in 2020
  • Top 5 Polar Quotes in 2020

Alphabetic Search

  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • H
  • I
  • J
  • K
  • L
  • M
  • N
  • O
  • P
  • Q
  • R
  • S
  • T
  • U
  • V
  • W
  • X
  • Y
  • Z
  • About
  • Contact
  • Privacy Policy

Copyright © 2023 · QuotesGuru.Org