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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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"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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Akiroq Brost

"I don't very often think I've done a good job. I don't like the majority of what I do. I shouldn't say I don't like it, but I'm not satisfied with almost everything that I do."

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Personal Development

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Akiroq Brost

"The conventional view serves to protect us from the painful job of thinking."

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Personal Development

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Akiroq Brost

"Better to just be real. Show up and do your job and be a nice person."

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Personal Development

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Akiroq Brost

"Everybody's got a job to do, and I do mine as best I can."

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Personal Development

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Akiroq Brost

"Your job is to umpire for the ball and not the player."

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Personal Development

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Akiroq Brost

"And also, it's sort of my job to make you believe things about him that aren't true about me."

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Personal Development

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Akiroq Brost

"Don't you wish you had a job like mine? All you have to do is think up a certain number of words! Plus, you can repeat words! And they don't even have to be true!"

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Personal Development

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Akiroq Brost

"My job, I think, is the hardest job out of all the judges because I am the only one that is a performer."

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Personal Development

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Akiroq Brost

"It's my job to really commit myself to the material and the project and be proud of what I've done, and I am in most cases."

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Personal Development

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Akiroq Brost

"It's extremely difficult to get these jobs because you can't get a job on a ship unless you have seaman's paper's, and you can't get seaman's papers unless you have a job on a ship. There had to be a way to break through the circle, and he was the one who arranged it for me."

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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."

Policy

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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."

Politics

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

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
"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
"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
"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."

Economy

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