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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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Asa Don Brown

"To appreciate the noble is a gain which can never be torn from us."

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Asa Don Brown

"I certainly believe that we gain through open trade and liberalisation."

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Asa Don Brown

"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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Asa Don Brown

"We will build new ships to carry man forward into the universe, to gain a new foothold on the moon and to prepare for new journeys to the worlds beyond our own."

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Asa Don Brown

"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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Asa Don Brown

"Sometimes the best gain is to lose."

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Asa Don Brown

"I had to gain weight until I looked like a seal so I could compete with the real whores who played the other roles. I was fat as a barrel."

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Asa Don Brown

"If you make listening and observation your occupation you will gain much more than you can by talk."

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Asa Don Brown

"I don't think I gain anything by seeing myself."

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Asa Don Brown

"Redistricting is a deeply political process, with incumbents actively seeking to minimize the risk to themselves (via bipartisan gerrymanders) or to gain additional seats for their party (via partisan gerrymanders)."

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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
"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
"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
"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 nominal budget is a poor indicator of the impact of government outlays and revenues."
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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
"It's insane to try to balance the budget."
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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
"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
"This paper was one of my digressions into abstract economics."
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