All William Vickrey Quotes
Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.
William Vickrey

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Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain.
William Vickrey

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

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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.
William Vickrey

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