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William Vickrey
Canadian
June 21, 1914
Educator
It's insane to try to balance the budget.
William Vickrey
Tags:
Try
Balance
Budget
Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.
William Vickrey
Tags:
Will
Much
Nothing
Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain.
William Vickrey
Tags:
Out
Without
Raise
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
Tags:
Future
Life
Should
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
Tags:
Good
Would
Say
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
Tags:
Where
Many
Between
