There is no reason inherent in the real resources available to us why we cannot move rapidly within the next two or three years to a state of genuine full employment.
William Vickrey
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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 -
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Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain.
- William Vickrey