Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation.
More Quotes from William Vickrey:
Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain.William Vickrey
Don't you think you're just rearranging deck chairs on the Titanic?
William Vickrey
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
Ten billion dollars less of deficit means 10 billion less of disposable income ... and a loss of at least 100,000 jobs.
William Vickrey
The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability of the private sector to produce assets, so we need a larger government debt.
William Vickrey
This paper was one of my digressions into abstract economics.
William Vickrey
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Based on Topics: Unemployment QuotesBased on Keywords: accelerating
Don't buy a single vote more than necessary. I'll be damned if I'm going to pay for a landslide.
Joseph P. Kennedy
Genre categories are irrelevant. I dislike them, but I do not have the casting vote.
Tanith Lee
That made me feel very disturbed, because it never seemed to be about how much hard work was involved. Ever. It was about... 'hazel eyes'. It does help if you can brush that stuff off.
Julia Ormond