William Vickrey

Found 5 thoughts of William Vickrey

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

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

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.

William Vickrey

This paper was one of my digressions into abstract economics.

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