Fifteen Fatal Fallacies of Financial Fundamentalism A Disquisition on Demand Side Economics William Vickrey October 5, 1996 Much of the conventional economic wisdom prevailing in financial circles, largely subscribed to as a basis for governmental policy, and widely accepted by the media and the public, is based on incomplete analysis, contrafactual assumptions, and false analogy. For instance, ...

BIOGRAPHICAL MEMOIRS National Academy of Sciences William S. Vickrey June 21, 1914 October 11, 1996 By Jacques H. Dreze WILLIAM VICKREY DIED ON October 11, 1996, three days after the announcement that the 1996 Bank of Sweden prize in economic sciences in memory of Alfred Nobel was being awarded to him and to Professor James Mirrlees of Cambridge for their fundamental contributions to the ...