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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."

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

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Amber Hurdle

"Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another."

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Amber Hurdle

"We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation."

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Amber Hurdle

"Skillful pilots gain their reputation from storms and tempest."

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Amber Hurdle

"But in practice, if often comes down to not suffering a loss as big as the huge gain you made a while ago."

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Amber Hurdle

"He who seeks for gain, must be at some expense."

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Amber Hurdle

"By his own efforts man could never gain the true and desired riches."

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Amber Hurdle

"By use you possess gain; by disuse you decline and lose."

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Amber Hurdle

"A mutual arrangement, I repeat, is the only satisfactory medium whereby the present system can be carried on with any degree of satisfaction, and in such an arrangement the employers have more to gain than the workers."

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Amber Hurdle

"One of the greatest victories you can gain over someone is to beat him at politeness."

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Amber Hurdle

"It's not right to say that our loss in Vietnam turned out to be a gain. But lessons were learned. And they were the right lessons."

Explore more quotes by William Vickrey

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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."
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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."
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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
"Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare."
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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
"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
"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
"This paper was one of my digressions into abstract economics."
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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."
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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."
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