Top 3 Edward C. Prescott Quotes (2025 Update)

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

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

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

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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