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William Vickrey

"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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"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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Assegid Habtewold

"I don't believe an Alliance government should sponsor legislation on abortion or a referendum on abortion."

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Assegid Habtewold

"No American soldier should be allowed to set foot on Iranian soil, regardless of the criticism we have of the Iranian government."

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Assegid Habtewold

"Of the various forms of government which have prevailed in the world, an hereditary monarchy seems to present the fairest scope for ridicule."

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Assegid Habtewold

"I will continue to advocate for a strong federal government role to establish the production, storage and distribution networks needed to support a hydrogen economy."

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Assegid Habtewold

"The House is rooted in the principle of direct elections and is unique among all branches and bodies of the federal government as without exception, the people's voice."

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Assegid Habtewold

"It was not my intention whatsoever for the Japanese government to try to get me out of trouble. And I really appreciate the Japanese government for all they have done for me."

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Assegid Habtewold

"If government were a product, selling it would be illegal."

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Assegid Habtewold

"The USA government states that the New Mexico Trinity nuclear bomb site is still highly radioactive and 'harmless'. It is interesting to note in the era of Electromagnetic Hypersensitivity (EHS) that it is USA government policy that radio frequency (RF) and electricity are also 'harmless'."

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Assegid Habtewold

"Government is a ruling structured thuggery."

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Assegid Habtewold

"Government is an evil; it is only the thoughtlessness and vices of men that make it a necessary evil. When all men are good and wise, government will of itself decay."

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William Vickrey
"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."

Economy

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William Vickrey
"This paper was one of my digressions into abstract economics."

Economy

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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."

Economy

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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."

Job

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William Vickrey
"It's insane to try to balance the budget."

Balance

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William Vickrey
"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."

Policy

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

Economy

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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."

Politics

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William Vickrey
"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."

Government

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

Gain

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