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."

"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."

William Vickrey, Canadian Educator

Policy, Effect, Interest, Pressure

4

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"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."

"In a constructive policy, there is 'adjust everywhere' and in a destructive policy, there is a policy of disadjustment."

Author Name

Personal Development

"A policy is a temporary creed liable to be changed, but while it holds good it has got to be pursued with apostolic zeal."

Author Name

Personal Development

"It is essential that policy instruments be developed that would firmly establish democratization on the basis of social consensus and enable transformation on stable grounds."

Author Name

Personal Development

"In my 31 years in Congress, I have seen a lot of changes. We made some substantial policy changes that have improved our parks system and our public lands."

Author Name

Personal Development

"So, I'm lying on the couch and Laura walks in and I say, 'Free at last,' and she says 'You're free all right, you're free to do the dishes.' So I say, 'You're talking to the former president, baby,' and she said, 'consider this your new domestic policy agenda.'"

Author Name

Personal Development

"When you see how the President makes political or policy decisions, you see who he is. The essence of the Presidency is decision-making."

Author Name

Personal Development

"I am afraid we must make the world honest before we can honestly say to our children that honesty is the best policy."

Author Name

Personal Development

"You may see the emergence of a new political party from the body of the trade union movement which represents a very clear-cut socialist alternative policy and which gives expression to the views of the trade union movement in parliament."

Author Name

Personal Development

"The State Department desperately needs to be vigorously harnessed. It has too big a role to play in the formulation of foreign policy, and foreign policy is too important to be left up to foreign service officers."

Author Name

Personal Development

"Some newspapers have a hands-off policy on favored politicians. But it's generally very small newspapers or local TV stations."

Author Name

Personal Development

"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

"This paper was one of my digressions into abstract economics."

Economy

"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."

Job

"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

"Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level."

Economy

"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."

Job

"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."

Life

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

Government

"Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare."

Evil

"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

4

Standard

Customized

More

"In a constructive policy, there is 'adjust everywhere' and in a destructive policy, there is a policy of disadjustment."

Author Name

Personal Development

"A policy is a temporary creed liable to be changed, but while it holds good it has got to be pursued with apostolic zeal."

Author Name

Personal Development

"It is essential that policy instruments be developed that would firmly establish democratization on the basis of social consensus and enable transformation on stable grounds."

Author Name

Personal Development

"In my 31 years in Congress, I have seen a lot of changes. We made some substantial policy changes that have improved our parks system and our public lands."

Author Name

Personal Development

"So, I'm lying on the couch and Laura walks in and I say, 'Free at last,' and she says 'You're free all right, you're free to do the dishes.' So I say, 'You're talking to the former president, baby,' and she said, 'consider this your new domestic policy agenda.'"

Author Name

Personal Development

"When you see how the President makes political or policy decisions, you see who he is. The essence of the Presidency is decision-making."

Author Name

Personal Development

"I am afraid we must make the world honest before we can honestly say to our children that honesty is the best policy."

Author Name

Personal Development

"You may see the emergence of a new political party from the body of the trade union movement which represents a very clear-cut socialist alternative policy and which gives expression to the views of the trade union movement in parliament."

Author Name

Personal Development

"The State Department desperately needs to be vigorously harnessed. It has too big a role to play in the formulation of foreign policy, and foreign policy is too important to be left up to foreign service officers."

Author Name

Personal Development

"Some newspapers have a hands-off policy on favored politicians. But it's generally very small newspapers or local TV stations."

Author Name

Personal Development

More

"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

"This paper was one of my digressions into abstract economics."

Economy

"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."

Job

"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

"Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level."

Economy

"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."

Job

"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."

Life

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

Government

"Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare."

Evil

"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