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My recollection is that Bob Lucas and Ed Prescott were initially very enthusiastic about rational expectations econometrics. After all, it simply involved imposing on ourselves the same high standards we had criticized the Keynesians for failing to live up to. But after about five years of doing likelihood ratio tests on rational expectations models, I recall Bob Lucas and Ed Prescott both telling me that those tests were rejecting too many good models.
Thomas J. Sargent
This is truly a blessing. Breyon Prescott, Peter Edge and Tom Corson believe in me and have introduced me to a home that also believes and knows exactly what to do with the type of music I'm doing.
Brandy Norwood
Prescott National Forest is right on the edge of my home in Arizona.
Maynard James Keenan