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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."
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"The ideal form of government is democracy tempered with assassination."
"Having said that, I believe we must not compound the natural disaster of Katrina by creating a fiscal disaster in Congress - it is our duty to ensure that we reign in other government spending in any event, and especially in this time of national emergency."
"I believe the only measure of government response shouldn't be how much we spend on a situation, but rather how well we spend."
"All government, indeed every human benefit and enjoyment, every virtue, and every prudent act, is founded on compromise and barter."
"Bush is very clever. When the debate should have been about the deterioration of our cities and the lack of action by government, he sent in his idiot to make an outrageous statement about Murphy Brown."
"Whether we look at capitalism, taxes, business, or government, the data show a clear and consistent pattern: 70 percent of Americans support the free enterprise system and are unsupportive of big government."
"Every country has the government it deserves."
"Well it's not a matter for me to say what Llew Smith can or cannot do, he's an elected Member of Parliament."
"Sure the people are stupid: the human race is stupid. Sure Congress is an inefficient instrument of government. But the people are not stupid enough to abandon representative government for any other kind, including government by the guy who knows."
"As America celebrates Memorial Day, we pay tribute to those who have given their lives in our nation's wars."
Explore more quotes by 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."
"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."
"Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare."
"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."
"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."
"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."
"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."
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