William Vickrey Quotes

William Spencer Vickrey was a Canadian-born professor of economics and Nobel Laureate. Vickrey was awarded the 1996 Nobel Memorial Prize in Economic Sciences with James Mirrlees for their research into the economic theory of incentives under asymmetric information, becoming the only Nobel laureate born in British Columbia.

The announcement of his Nobel prize was made just three days prior to his death. Vickrey died while traveling to a conference of Georgist academics that he helped found and never missed once in 20 years. His Columbia University economics department colleague C. Lowell Harriss accepted the posthumous prize on his behalf. There are only three other cases where a Nobel Prize has been presented posthumously. Wikipedia  

✵ 21. June 1914 – 11. October 1996
William Vickrey: 1   quote 0   likes

William Vickrey Quotes

“Market Anti-Inflation Plans
In such a context, it should be clear that balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.”

William Spencer Vickrey et al. Full Employment and Price Stability: The Macroeconomic Vision of William S. Vickrey. p. 4

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