"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."

Economy, Inflation, Unemployment

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"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."

Explore more quotes by 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."

Job, Living, Wage

"Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief."

Balance, Nothing, Will

"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."

Performance, Past

"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."

Government, Justification

"Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain."

Gain, Loss, Sales

"If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain."

Economy, Bargain, Inflation, Unemployment

"It's insane to try to balance the budget."

Balance,

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

Economy, Inflation

"The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression."

Politics, Depression, Economy, End, Pursuit

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

Government, Poor

Exlpore more Economy quotes

"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."

Narendra Modi, Indian Leader

Economy, Growth, FiscalPolicy, Finance

"And it will often happen that a man with wealth in the form of coined money will not have enough to eat, and what a ridiculous kind of wealth is that which even in abundance will not save you from dying with hunger!"

Aristotle, Greek Philosopher

Economy, Wealth, Famine, Irony, Abundance

"Market economy favors the have against the have not."

Bangambiki Habyarimana, Rwandan Author

Economy, Market, Inequality, Power

"They only let us live in millions for the sake of the economy. I don't know what will happen by the time they figure out how to run the economy without the people."

Bangambiki Habyarimana, Rwandan Author

Economy, People, Control, Life

"But economic recovery must be earned. And it will be earned by entrepreneurs and it will be earned by small businesses."

Jon Huntsman, Jr., American Politician

Economy, Entrepreneurs, Will

"Economics is extremely useful as a form of employment for economists."

John Kenneth Galbraith, American Economist

Economy, Economics

"After graduating in engineering I went to the University of Kansas to get an MA in economics as a vehicle for allowing me to decide if I wanted to continue in economics."

Vernon L. Smith, American Economist

Economy, Economics, Engineering, University

"Trade can really be good for American workers and American businesses."

Richard Neal, American Politician

Economy, Trade, Workers

"Challenging unfairly subsidized products, fighting counterfeit goods and intellectual property theft and holding countries accountable for an unfair currency regime will help American companies remain competitive."

Virginia Foxx, American Politician

Economy, Countries, Fighting, Help

"My first priority is growing this economy in the long term, and stimulating it in the short term."

Robert Menendez, American Politician

Economy, First