William Vickrey

“The only thing a person can be said to own is a history of experiences.”

“We are in the process of creating what deserves to be called the idiot economy.”

“My own view is that the present system of charging for use of the public streets is a scandal.”

“Congestion is a form of pollution.”

“The problem of financing the modern city is a problem of getting the prices right.”

“In a world of uncertainty, the only way to behave is to be flexible.”

“Optimal Marginal-Cost Pricing would require that all goods be subsidized.”