Quote by: 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.


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Author Bio


  • NameWilliam Vickrey
  • DescriptionCanadian noble laureate in economics
  • BornJune 21, 1914
  • DiedOctober 11, 1996
  • CountryUnited States Of America
  • ProfessionEconomist
  • AwardsGuggenheim Fellowship