Top 3 Edward C. Prescott Quotes (2024 Update)

Edward C. Prescott Quote: “The purpose for a tax system is to collect needed revenue at the least cost to the people.”

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

Edward C. Prescott Quote: “Progess, do not regress.”

3. “In the Great Depression, employment was not low because investment was low. Employment and investment were low because labor market institutions and industrial policies changed in a way that lowered normal employment.”

— Edward C. Prescott

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