William Vickrey Quotes

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

- William Vickrey

Tags

Insane | Pursuit | Holy | Grail | Balanced |

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I had had intimations that (a nomination was) in the works for the Nobel Prize, ... I didn't put my chances more than about 50/50. - William Vickrey

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