Andrew Schepers Quotes
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This paper was one of my digressions into abstract economics.
Source: brainyquote.com -
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.
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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.
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The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure.
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The nominal budget is a poor indicator of the impact of government outlays and revenues.
