Wednesday, October 22, 2008

Clarification on the Prescott Exchange

Brad Delong has posted an e-mail exchange between one of the organizers of Obama for a Sound Economy and Nobel laureate Ed Prescott.

The OSE guy says in the post "I showed this exchange to the founder of "Economists for Obama" ( and he said that this is most definitely Prescott and that I probably sent Prescott into a rage with the Heckman quote that appears on the first page of our site."

That's not correct. He did send us the emails, and I replied that Prescott's response wasn't surprising, but of course I can't attest to whether the emails are genuinely from Prescott. And I didn't speculate as to why he would have written what's in the messages.

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