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Warm Memories of Bill Vickrey |
| [Reprinted from Land
& Liberty, Winter 1997] |
The evening of the day Bill Vickrey won his Nobel I impulsively,
hesitantly, dialed his home. His phone surprised me by ringing unbusy,
and Bill surprised me more by answering, and sounding unhurried. After
congratulations, I asked "Bill, was this for a lifetime of
achievement, or some specific work?" "I don't know," he
replied. "Well," I persisted, "is there a citation? What
does it say?" "Yes," he said, "there is one, but I
can't understand it." If you and I find it a puzzle, we have good
company.
Mission performed, I hastened to ring off, but Bill kept me on the
line. To Bill, the transaction was incomplete -- too onesided. He turned
things around and said "Tell me about yourself. What are you
working on now?" I told him as briefly as I could, and he
immediately offered to help. It was not a perfunctory sham offer, he's
helped me before. "How are the wife and children?" He really
wanted to know, and report back to Cele. That was Bill, thinking of
others in the time of his greatest triumph, at the end of a long,
wearying day of praise and celebration. What a saint! And I thank that
other saint, my wife, who nudged me to call right away: two days later
Bill left us forever.
Bill was born in Victoria. B.C., his mother's home. His middle name was
Spencer, as in Spencer's Stores; they had merged with, I believe he
said, Baton's. From the Spencer side he got his sense of how business
works. His father was a preacher from Illinois who raised money for
starving Armenians -- literally. From him Bill got his firm sense of
social justice, plus a reflex against spending money on his own creature
comforts. At professional meetings he sought out cheaper lodgings than
anyone else, though his expenses were covered. He did it inconspicuously
so as not to make others uncomfortable: his humility was not for
flaunting, he just lived it. Again, what a saint!
Bill had a degree in mathematics from Yale, before turning to economics
at Columbia. He was not one to hide behind phony mathematics, as most
economists do now, nor to intimidate others; but none could snow or
intimidate him, although many tried. In spite of the phonies, genuine
maths can be truly useful, and that's when he drew on this skill plus
his insight and talent, which went far deeper than mere skill. He gave
freely of them. At one point he dashed off a mathematical appendix to an
article I had struggled over for months. His page of squiggles pretty
well comprehended, tied together and validated all the points I had
spread over 50 pages. He gave it to me gratis - - that was Bill.
For him, it was effortless: "Just a matter of inverting the order
of integration," he explained casually. What a saint!
Bill had high standards, but no false standards. He feared no
contamination nor loss of caste by consorting with less renowned
economists, or supporting ideas that lacked mainline 'respectability'
and 'prestige'. If he had a fault, it was projecting his own virtues
onto others. He was delightfully ingenuous in personal dealings, and
could not impute base, careerist motives to social and professional
climbers.
It was in 1964 or so that I called Bill impulsively and hesitantly the
first time. Art Becker, Weld Carter and I were growing a committee of
economists to meet annually and produce a modern Georgist literature,
but who were we in the world? Bill had published works on financing mass
transit that breathed a distinct sweet odour of Georgism. Like a bee to
a flower, I buzzed him. It was a good impulse; he accepted, suddenly we
were somebodies, and other somebodies joined up too. Soon we had our
academic-Georgist Camelot, if only for one brief shining moment. Our
committee, named TRED, produced about ten volumes of neo-Georgist
literature, published by the University of Wisconsin Press. Bill had a
chapter in our first volume, and also helped me, as editor, straighten
out a headstrong contributor who insisted on turning rents into earned
incomes. When Bill wrote, people heeded, and Bill was ever ready to lend
a hand. I thought of him as a big brother to call on in need. How I
shall miss my big brother!
At Columbia, Bill rubbed elbows with Harold Hotelling, the most
brilliant and creative economist of his generation. Hotelling was a
closet Georgist who never fully came out, even after a lifetime of
professional acclaim for his technical triumphs -- a measure of the
pressure used to squelch academic Georgists. The nearest he came was to
let Will Lissner include him on a roster of "Editorial Advisers"
to the AJES. Francis A. Walker, first President of the American Economic
Association in 1885, had written "I will not insult my readers by
discussing a project so steeped in infamy" as taxing land values.
Bill Vickrey, President of the same Association 106 years later, wrote
on the same subject that we should tax 'em to the max. He joined Nic
Tideman in composing a letter to Gorbachev advising the then-Soviets to
base their privatization strategy on taxing land values. Together they
signed up 20-30 highly visible economists, including four earlier Nobel
laureates. This did not stop Bill from winning his Nobel in 1996.
Perhaps our cause has progressed within the ivied walls, after all; or
perhaps that is just a measure of Vickrey's personal courage and
conscience, and the power of courage and conscience to overcome fear and
win confidence -- even of Nobel prize committees.
A reporter asked Bill what he would do with his prize money. Bill said
he didn't care about the money, and he spoke truly, for his conscience
would not let him live it up while others were down. He said he valued
the "bully pulpit" the prize gave him to spread his ideas. He
didn't say which ideas; he had many. I am morally certain, however, that
near the top of his list was implementing George's proposal to raise
public revenues by taxing land values. The last thing he asked me before
hanging up was, "Will I see you at the TRED meeting?" Bill
never missed.
Bill died, as you know by now, en route to that meeting. He drove at
night, true to his principle of easing peak-hour congestion. Had he
arrived, I know he would have raised his head from the doze he affected
and told some unwary journeyman, "This paper would benefit from an
application of Henry George's idea of taxing land values." How do I
know? Because he always did. I imagine by now he has mentioned it to
God, too; and God has said "Actually, Bill, that's how we've always
done it here; but thank you for urging folks to have my will done on
earth as it is in Heaven."
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