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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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"Giving every man a vote has no more made men wise and free than Christianity has made them good."

"There shall be no end to the government of God."

"There's no trick to being a humorist when you have the whole government working for you."

"The ugliest government is the one which is spreading fear to its own people! The finest government is the one which encourages its own people to criticize the government harshly."

"The diversity in the faculties of men, from which the rights of property originate, is not less an insuperable obstacle to an uniformity of interests. The protection of these faculties is the first object of government."

"The instant formal government is abolished, society begins to act. A general association takes place, and common interest produces common security."

"There is probably a perverse pride in my administration... that we were going to do the right thing, even if short-term it was unpopular. And I think anybody who's occupied this office has to remember that success is determined by an intersection in policy and politics and that you can't be neglecting of marketing and P.R. and public opinion."

"An ideal form of government is democracy tempered with assassination."

"Democracy is not so much a form of government as a set of principles."

"There are no doubts that western governments are willfully inducing radiation sickness into segments of their city populations."
Explore more quotes by 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."

"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."

"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."

"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."

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

"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."

"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."
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