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 just loved EDM because I felt like it inspired dance and movement.
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In early 1961 a new president, John F. Kennedy, was told by military leaders and civilian officials that the Kingdom of Laos - of no conceivable strategic importance to the U.S. - required the presence of American troops and perhaps even tactical nuclear weapons. Why? Because if Laos fell, Asia would go red from Thailand to Indonesia.
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One of my reasons for living in California is its close proximity to Mexico. The Latin influence is in every corner of the community. My love of Spanish music hasn't wavered since the '50s. I could hear the blues voicing from the Flamanco families and I always dig for inspiration in Latin music.
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I know what I'm like when I don't have a project coming up, and that's the mode I'm almost more comfortable in. That's when I get really scrappy and creative.
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Anybody can do research. The plotting of the novel, writing the ending before you write anything else, which I always do - I don't know that everybody can do that. That's the hard part.
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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.