“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
Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil...#William Vickrey
Practically, the desirable situation ought to be one in which any reasonably responsible person willing...#William Vickrey
Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable...#William Vickrey
Firms would be given initial entitlements to gross markup on the basis of past performance....#William Vickrey
Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance...#William Vickrey
