William Vickrey: 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.

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.

-- William Vickrey


		Name: William Vickrey Type: Educator Nationality: Canadian Birth: June 21, 1914 Death: October 11, 1996

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