William Vickrey Quote

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.


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

Picture Quote 1

Nearly all educational expenditure should be considered a capital outlay, whether it provides a future return in the form of enhanced taxable income...

Picture Quote 2

Nearly all educational expenditure should be considered a capital outlay, whether it provides a future return in the form of enhanced taxable income...

Picture Quote 3

Nearly all educational expenditure should be considered a capital outlay, whether it provides a future return in the form of enhanced taxable income...

Picture Quote 4

Nearly all educational expenditure should be considered a capital outlay, whether it provides a future return in the form of enhanced taxable income...