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Despite the impression created by some economic pundits, the U.S. economy is not a delicate little
Despite the impression created by some economic pundits, the U.S. economy is not a delicate little
Despite the impression created by some economic pundits, the U.S. economy is not a delicate little
Despite the impression created by some economic pundits, the U.S. economy is not a delicate little
Despite the impression created by some economic pundits, the U.S. economy is not a delicate little
Despite the impression created by some economic pundits, the U.S. economy is not a delicate little
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Edward C. Prescott:
Economic integration is the path to riches and peace.Edward C. Prescott:
Multinational companies use their technological know-how in their foreign subsidiaries, so reciprocEdward C. Prescott:
A lot of technological capital has to be absorbed person-to-person, and that happens more quickly iEdward C. Prescott:
In the category of economic superpowers, more is better than less - the more technology those leadeEdward C. Prescott:
You need a real crisis before you have reforms.Edward C. Prescott:
The money is nice, but I am not in this game for the money.Edward C. Prescott:
Economists create their own worlds. We're like little gods with our artificial economics, wanting tEdward C. Prescott:
I love creating models and coming up with explicit structures I can play with.Edward C. Prescott:
Random distributions are not good things, because people are risk-averse, and this risk adversely aEdward C. Prescott:
After World War II, there were a lot of pension funds in Europe that were fully funded, but they we