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The Economics Prize, fortunately, is more serious.(economists Edward Prescott, Finn Kydland)(Brief Article)

National Review

| November 08, 2004 | COPYRIGHT 2004 National Review, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

* The Economics Prize, fortunately, is more serious. The latest one went to Edward Prescott, an adviser to the Federal Reserve Bank of Minnesota, and Finn Kydland of Carnegie Mellon University. Their work contributed to the dethroning of the orthodox Keynesianism regnant after World War II. And they are still contributing to our economic understanding. Prescott, in ...

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