Edward C. Prescott

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.
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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These are some quotes by American author Edward C. Prescott Economist, who was born on December 26, 1940.