William Vickrey Quote

Often analysis seems to be based on the assumption that future economic output is almost entirely determined by inexorable economic forces independently of government policy so that devoting more resources to one use inevitably detracts from availability for another.


Full Employment and Price Stability: The Macroeconomic Vision of William S. Vickrey (ed. Edward Elgar Pub, 2004)


Often analysis seems to be based on the assumption that future economic output is almost entirely determined by inexorable economic forces...

Often analysis seems to be based on the assumption that future economic output is almost entirely determined by inexorable economic forces...

Often analysis seems to be based on the assumption that future economic output is almost entirely determined by inexorable economic forces...

Often analysis seems to be based on the assumption that future economic output is almost entirely determined by inexorable economic forces...