Progess, do not regress.

- Edward C. Prescott

In the Great Depression, employment was not low because investment was low. Employment and investment were low because labor market institutions and …

- Edward C. Prescott

The purpose for a tax system is to collect needed revenue at the least cost to the people.

- Edward C. Prescott

I find it remarkable that virtually all of the large difference in labor supply between France and the United States is due to differences in tax sys…

- Edward C. Prescott