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.
More Quotes from 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
Practically, the desirable situation ought to be one in which any reasonably responsible person willing to accept available employment can find a job paying a living wage within 48 hours.
William Vickrey
Firms would be given initial entitlements to gross markup on the basis of past performance. These entitlements would be transferable and a market in them would be developed.
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
Don't you think you're just rearranging deck chairs on the Titanic?
William Vickrey
The achievement of a reasonably full degree of employment without accelerating inflation will require development of some additional tool.
William Vickrey
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Based on Topics: Capital Quotes, Future Quotes, Life QuotesBased on Keywords: expenditure, outlay, taxable
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