Quote by: William Vickrey

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.


Share this:  

Author Bio


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