Quote by: William Vickrey

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.


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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