Edward C. Prescott Quotes
Random distributions are not good things, because people are risk-averse, and this risk adversely affects their welfare. If you get too much price uncertainty, all kinds of long-term, mutually beneficial contracts can't be entered into.

Quotes to Explore
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Any manager can do well in an expanding market.
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When you like something and you're pretty good at it and you can make a living doing it, you don't ask why. You just count your blessings and go with it.
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Feeling really safe as an actor is not a great thing because you're not learning or growing.
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I always had dreams as a kid. I definitely sat at home and watched the Oscars every year and got emotional every year at everyone's speeches.
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I'm just someone who marvels at God.
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I feel like, as a celebrity, I have a responsibility to tell important stories.
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I got the chance to do things that I dreamed of when I was a kid: I got to travel around the world; I had my own 'Goosebumps' attraction at Disney World; I've been on TV and had three TV series.
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There are moments when I am really not happy with how I look, or I think it would be an easy way out to try and do the conventionally attractive thing. But part of it is that I don't have the energy to put on, like, makeup. If people want to do that, that's fine. But I've learned that it's not for me.
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In this business, it's important to constantly do things that you don't know how to do. I love touring and making records, but I've learned how to do that, so sometimes you just have to dive in and try it.
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It is amazing that it is my destiny to be the first Aussie to win the Masters.
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Any deal that allows Iran to enrich uranium, which allows them to ultimately break out within a few months with a nuclear weapon, is a disaster for the world.
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I know that John Adams has had a very hard time directing French ensembles.
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Boundaries are actually the main factor in space, just as the present, another boundary, is the main factor in time.
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Logic! Good gracious! What rubbish!
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IQ in general has improved since tests first began. Psychologists think that this is because modern life becomes ever more complicated.
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Striving to tell his woes, words would not come; For light cares speak, when mighty griefs are dumb.
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For me, temptation is life and I have a gargantuan appetite for everything.
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You realize when you're pregnant how lucky you are to have access to medical care.
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I grew up in Northern California, and theater is all there was. I didn't know how to go about starting a career when I was 10.
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My career has been different from most people, but I knew what I was not going to do. I knew I was not going to be controlled. I knew there was a price for this, but I did not know there was as large a price as it turned out to be.
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I always had a standard of, back when I was doing the country music I always told people I would never record a song that I wouldn't sit down and sing in front of my mom and dad.
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There are different people who got me into music, but what I liked about Beethoven is that even when I didn't understand it or it was too long, there's still something about it that drove me to it. Then it got me excited about actually learning music, like a theory of it.
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Vol. II, Alfred A. Knopf, 1928, p. 462
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Random distributions are not good things, because people are risk-averse, and this risk adversely affects their welfare. If you get too much price uncertainty, all kinds of long-term, mutually beneficial contracts can't be entered into.