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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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"The nominal budget is a poor indicator of the impact of government outlays and revenues."

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Akiroq Brost

"I never knew a government yet that wanted to do anything."

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Akiroq Brost

"Every form of government tends to perish by excess of its basic principle."

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Akiroq Brost

"An ideal form of government is democracy tempered with assassination."

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Akiroq Brost

"Government is a contrivance of human wisdom to provide for human wants. People have the right to expect that these wants will be provided for by this wisdom."

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Akiroq Brost

"I found this national debt, doubled, wrapped in a big bow waiting for me as I stepped into the Oval Office."

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Akiroq Brost

"The United States Constitution has proved itself the most marvelously elastic compilation of rules of government ever written."

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Akiroq Brost

"No more distressing moment can ever face a British government than that which requires it to come to a hard, fast and specific decision."

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Akiroq Brost

"I don't mind what Congress does, as long as they don't do it in the streets and frighten the horses."

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Akiroq Brost

"A democratic government is the only one in which those who vote for a tax can escape the obligation to pay it."

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Akiroq Brost

"But people that are worried about unborn babies are the same ones that vote against kindergarten programs in Indiana or school lunch funds out of the federal government."

Explore more quotes by William Vickrey

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William Vickrey
"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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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
"Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief."
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William Vickrey
"It's insane to try to balance the budget."
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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
"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
"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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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
"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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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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