Edward C. Prescott

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You need a real crisis before you have reforms.

Edward C. Prescott

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Edward C. Prescott

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It is an established scientific fact that monetary policy has had virtually no effect on output and employment in the U.S. since the formation of the Fed.

I might have simply settled down into an armchair literary life. I really don’t know exactly why I didn’t.

April 26, 2024

I might have simply settled down into an armchair literary life. I really don’t know exactly why I didn’t.

April 26, 2024

It is an established scientific fact that monetary policy has had virtually no effect on output and employment in the U.S. since the formation of the Fed.

You need a real crisis before you have reforms.

Edward C. Prescott

Other Quote

It is an established scientific fact that monetary policy has had virtually no effect on output and employment in the U.S. since the formation of the Fed.

I might have simply settled down into an armchair literary life. I really don’t know exactly why I didn’t.

I might have simply settled down into an armchair literary life. I really don’t know exactly why I didn’t.

It is an established scientific fact that monetary policy has had virtually no effect on output and employment in the U.S. since the formation of the Fed.

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You need a real crisis before you have reforms.

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Edward C. Prescott

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