William Vickrey Quotes

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.

- William Vickrey

Tags

Educational | Expenditure | Considered | Capital | Outlay |

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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. - 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. - William Vickrey

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