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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."
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"I believe the term is 'eminent domain.'Ah, yes. That means 'theft by the government."

"If you have to say or do something controversial, aim so that people will hate that they love it and not love that they hate it."

"If a politician obtained a great wealth after he has been elected, his being an immoral corrupt man is not a possibility but it is a self-evident reality!"

"If a country is not governed well, all sort of disasters will become a routine of that country!"
Explore more quotes by 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."

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

"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."

"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."

"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."
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