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william vickrey Quotes

william vickrey

This paper was one of my digressions into abstract economics.

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It's insane to try to balance the budget.

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Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.

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Don't you think you're just rearranging deck chairs on the Titanic

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The nominal budget is a poor indicator of the impact of government outlays and revenues.

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