Edward C. Prescott (IMAGE) Arizona State University Caption Nobel Laureate Edward C. Prescott, Regents' Professor at Arizona State University, was elected to the National Academy of Sciences April 29, 2008. Prescott is the W. P. Carey Chair of Economics in the W. P. Carey School of Business and the senior monetary advisor at the Minneapolis Federal Reserve Bank. Credit Arizona State University Usage Restrictions with credit line License Licensed content Disclaimer: AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert system.