The bottom line for me out of this is that from 1992 to today, researchers can't find a defining reason why the public view of the courts has improved. The only thing that has changed is the way we do business. The good news is we can make a difference.

William Vickrey

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There is no real justification for a requirement that a budget of any sort should be balanced, except as a rallying point for those who seek to hamstring government.

— William Vickrey

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Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare.

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Don't you think you're just rearranging deck chairs on the Titanic?

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The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression.

— William Vickrey

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Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.

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