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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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A.E. Samaan

"If you move faster than the music, it will look strange; if you move slower than the music, it will look strange! Be like autumn leaves which follow exactly the rhythm of the wind!"

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A.E. Samaan

"Don't be too busy growing old that you forget to grow up."

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A.E. Samaan

"You cannot truly know pleasure without pain. You cannot truly know strength without weakness. You cannot truly know joy without sorrow. You cannot truly know hope without despair."

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A.E. Samaan

"In light, there is no darkness; and in darkness, there is no light."

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A.E. Samaan

"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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A.E. Samaan

"The absolute value of being neutral is zero."

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A.E. Samaan

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

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A.E. Samaan

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

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A.E. Samaan

"Life is directly proportional to happiness and sadness."

Explore more quotes by William Vickrey

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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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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."
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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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William Vickrey
"It's insane to try to balance the budget."
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William Vickrey
"Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level."
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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."
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William Vickrey
"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."
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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."
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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."
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William Vickrey
"This paper was one of my digressions into abstract economics."
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