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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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"All leaders share something in common. They feel they are the only ones who can do the job."
"I got an agent. He said, what do you wanna do, and I said, I want an Oscar nomination. That's your job, that's what I'm paying you for. And I got it."
"The unions still have a job to do, representing their members' interests to governments and parliaments. And I think collective agreements still have a role, alongside markets and laws."
"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."
"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."
"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."
Explore more quotes by 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."
"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."
"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."
"The nominal budget is a poor indicator of the impact of government outlays and revenues."
"Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare."
"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."
"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."
"Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain."
"Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level."
"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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