"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, Living, Wage

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"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."

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"An excellent job with a dubious undertaking, which is like saying it would be great if it wasn't awful."

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"At last, someone came to tell me I'd been selected as commissioner, which gave rise to the line that I took the job with clean hands. I was then taken downstairs to a press conference, and the reporters were as surprised as I was."

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"I know what my job is: I write the songs, I sing them, I play them on the piano."

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Explore more quotes by 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

"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

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

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"The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression."

Politics

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

Evil

"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

"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

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

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"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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"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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