A Quote by Edward C. Prescott

Despite the impression created by some economic pundits, the U.S. economy is not a delicate little machine that needs to be fine-tuned with exact precision by benevolent policymakers to keep from breaking down.
This administration is running like a fine-tuned machine, despite the fact that I can't get my cabinet approved, and they're outstanding people.
Your perception of racing needs to be fine-tuned
Capitalism has created a situation called scarcity. And that scarcity is not natural, it's socially induced. Along with that sense of scarcity, or feeling of scarcity, is a feeling of economic insecurity. Along with that is a feeling of deprivation... And unless we can demonstrate that that feeling is not justified technologically, we will not be able to speak intelligently to the great majority of people and reorganize our economy so that we really know what needs are rational and human and what have been created, almost fetishisticaly, by the capitalist economy.
The cognitive functioning of a human brain depends on a delicate orchestration of many factors, especially during the critical stages of embryo development-and it is much more likely that this self-organizing structure, to be enhanced, needs to be carefully balanced, tuned, and cultivated rather than simply flooded with some extraneous potion.
Every year I try to keep in excellent shape and improve some part of my game. I play in the offseason overseas to keep my game tuned up and hopefully improve a little in some area.
There is for me powerful evidence that there is something going on behind it all. . . It seems as though somebody has fine tuned nature's numbers to make the Universe. . . The impression of design is overwhelming.
In a sense, every tool is a machine--the hammer, the ax, and the chisel. And every machine is a tool. The real distinction is between one man using a tool with his hands and producing an object that shows at every stage the direction of his will and the impression of his personality; and a machine which is producing, without the intervention of a particular man, objects of a uniformity and precision that show no individual variation and have no personal charm. The problem is to decide whether the objects of machine production can possess the essential qualities of art.
There is zero chaos, we are running - this is a fine-tuned machine. And Reince [Priebus] is doing a good job but half his job is putting out lies by the press.
I believe every editor should stand to edit. That's just my particular soapbox. Some things are so delicate and depend on such fine, delicate work. One frame in one direction or another can make such a difference and it is, in that, like brain surgery.
I try to keep my ear to the streets without sacrificing who I am as an artist. If a song needs a drum machine I'll use a drum machine. If it needs a drummer, I'll use a real drummer.
I listen to these pundits all the time breaking down Trump - 'He's brash, and he's bold, and he's successful' - and none of those are what it is. There's one word to sum it up, and it's courage. He has courage.
The change in economic values created by the new markets for global public goods will reorient our global economy and under the right conditions can usher the satisfaction of basic needs of the present and of the future. This is what is needed right now.
I used a '57 Les Paul on one track, 'These Walls', which features Alam Khan on sarod. I tuned it way down because the sarode is naturally in C but I tuned the guitar down to D and he came up to D. It was all a pretty simple setup.
There's a phrase that art is something created by the few and admired by the many. Now it's not created by the few, it's created by anyone. They just plug in a drum machine and read some dirty high school poetry.
My dad used to say, 'You have to become part of the machine to beat the machine,' and there's some validity in it. But honestly, even when I'm inside the machine, you still see me. I stick out a little bit.
In a perfect world what poor countries at the lowest rungs of economic development need is not a multi-party democracy, but in fact a decisive benevolent dictator to push through the reforms required to get the economy moving
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