"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, Effect, Interest, Pressure

43

Create Your Own Wallpaper

Standard

Customized

"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."

Exlpore more Policy quotes

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

Mahatma Gandhi, Indian Leader

Policy, Zeal

"With a foreign policy appropriately rooted in some sense of humanitarian decency, the Central African crisis will not be easily ignored by American policymakers. It screams for remedy."

Michael Johns, American Politician

Policy, African, Crisis

"For instance, Clinton who was unquestionably the smartest of the bunch I talked to - both the ones who made it and didn't. He had a great interest in policy."

Robert Scheer, American Journalist

Policy, Interest

"Our presence in Afghanistan is not worth the price of any more American lives or treasure."

Camille Paglia, American Author

Policy, Afghanistan, Treasure, Worth

"The objective of nuclear-weapons policy should not be solely to decrease the number of weapons in the world, but to make the world safer - which is not necessarily the same thing."

Herman Kahn, American Scientist

Policy, Weapons, World

"But it is also clear that left entirely untouched by public policy, the capitalist system will produce more inequality than is socially healthy or than is necessary for maximum efficiency."

Barney Frank, American Politician

Policy, Efficiency, Inequality, Public

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

Bob Woodward, American Journalist

Policy, Decision, Decisions, Presidency

"Is it unreasonable to have proof of citizenship when entering another country?"

Gwen Ifill, American Journalist

Policy, Citizenship, Country, Proof

"Our current energy policy is bankrupt."

Jim Costa, American Politician

Policy, Energy

"Two thirds of a century ago, we were given a national policy. It was made to fit the conditions of the day."

John Bracken, Canadian Politician

Policy, Day

Explore more quotes by 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."

Job

"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."

Economy

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

Economy

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

Government

"The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression."

Politics

"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

"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."

Performance

"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

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

Economy

"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."

Government