TheRealQuotes

"Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation."

―

Unacceptable

From

Economist

Added on

About William Vickrey

William Vickrey was a Canadian-born American economist and Nobel laureate known for foundational work on auction theory and incentives under asymmetric information. He taught at Columbia University and shared the 1996 Nobel Prize in Economic Sciences.

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View all quotes from William Vickrey

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