Dr. Edward C. Prescott was a Nobel Prize winning economist. He was born December 26, 1940. He died November 6, 2022.
Quotable Quotes:
"You can't spend your way to prosperity."
"Sometimes pessimism or optimism gets popular, and it's contagious."
"There is an old maxim which states that good judgment comes from experience, and experience comes from poor judgment. I think something similar can be said of government policy, to wit: Good policy comes from experience, and experience comes from poor policy."
