Ed Prescott’s a very clever fellow. Far cleverer than me. Then again it’s pretty clear, it has been pretty clear for a long, long time, that he’s crazy. But don’t take my word for it. Take our friend Paul Krugman’s.
Club Troppo
Fearlessly dispensing political, legal and economic analysis (and some whimsy) since 2002
That’s nothing. If you want to see just how crazy Ed Prescott is, peruse this thread. The man evidently has mental health issues that have seriously affected his professional work.