Author: Edward C. Prescott

Quotes

Economic integration is the path to riches and peace.

Economic integration is the path to riches and peace.

- Edward C. Prescott

The Chinese are saving like mad, but they are not getting a very good return on their savings.

The Chinese are saving like mad, but they are not getting a very good return on their savings.

- Edward C. Prescott

I love creating models and coming up with explicit structures I can play with.

I love creating models and coming up with explicit structures I can play with.

- Edward C. Prescott

In the Great Depression, employment and investment were low because labor market institutions and industrial polices changed.

In the Great Depression, employment and investment were low because labor market institutions and industrial polices changed.

- Edward C. Prescott

In the category of economic superpowers, more is better than less - the more technology those leaders develop, the more we all benefit.

In the category of economic superpowers, more is better than less - the more technology those leaders develop, the more we all benefit.

- Edward C. Prescott

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