William Vickrey Quotes

Enjoy the top 23 famous quotes, sayings and quotations by William Vickrey.

William Vickrey Quotes

Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.
— William Vickrey —

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

— 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 insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression.

— William Vickrey

This paper was one of my digressions into abstract economics.

— 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

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