TheRealQuotes

"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."

―

Surge

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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