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William Vickrey

"Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief."

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"Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief."

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Donna Grant

"As with most things in life, a healthy balance will keep us on the right path. To avoid too much eye contact or too little, seek to create a comfortable mix. It is generally encouraged to use more eye contact when you are listening and less when you are speaking."

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Personal Development

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Donna Grant

"The absolute value of being neutral is zero."

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Personal Development

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Donna Grant

"The effect of overworking, we miss sacred moments."

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Personal Development

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Donna Grant

"Relax, Recreate and Refresh!"

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Personal Development

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Donna Grant

"There is a law of opposition apparent in all life which guarantees balance and fullness."

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Personal Development

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Donna Grant

"This whole life is an art of knowing when to sit and when to stand up!"

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Personal Development

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Donna Grant

"If you make lots of little changes to your lifestyle, you'll need to make time to have some fun too, otherwise life can get a little boring."

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Personal Development

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Donna Grant

"Spiritual highs help you overcome emotional lows."

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Personal Development

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Donna Grant

"The sea, no matter how endless, depends on rivers."

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Personal Development

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Donna Grant

"Equanimity means that one does not do abhorrence at the time of abhorrence (generating incidents) and one does not do attachment at the time of attachment (generating incidents)."

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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
"Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief."

Balance

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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."

Reason

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William Vickrey
"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."

Performance

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William Vickrey
"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."

Job

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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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William Vickrey
"The nominal budget is a poor indicator of the impact of government outlays and revenues."

Government

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

Economy

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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
"Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare."

Evil

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