“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.Quote by William VickreyTopics: Quotes about William VickreyShare on:FacebookPinterestWhatsApp
The nominal budget is a poor indicator of the impact of government outlays and revenues.#William Vickrey
Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable...#William Vickrey
Nearly all educational expenditure should be considered a capital outlay, whether it provides a future...#William Vickrey
The supply-side effect of a restrictive monetary policy is likely to be perverse, in that...#William Vickrey
The great increase in longevity has produced a surge in the desire to accumulate assets...#William Vickrey
Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil...#William Vickrey
Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance...#William Vickrey
