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You must see with eyes unclouded by hate. See the good in that which is evil, and the evil in that which is good. Pledge yourself to neither side, but vow instead to preserve the balance that exists between the two.

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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.

Cost, Good, Rate, Unemployment, Would Be, Years
Same Author Quotes

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

Deficits, Evil, Larger, Mean, Proper, Unemployment

There is no reason inherent in the real resources available to us why we cannot move rapidly within the next two or three years to a state of genuine full employment.

Moving, Real, Reason, State, Years

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.

Balanced, Government, Rallying, Rallying Point, Real

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

Budget, Depression, Economy, Holy Grail, Insane, Pursuit

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

Balanced, Doe, Level, Levels, Produce, Stable
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