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Originally said in English.
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About Edmund Phelps
American economist
Edmund Strother Phelps is an American economist and Nobel laureate. He received the 2006 Nobel Memorial Prize in Economic Sciences. Phelps is best known for his work in economics, especially the research that led to his Nobel recognition. His writing and public remarks often reflect economic theory and the forces that shape markets, inflation, and employment.
More from Edmund Phelps (93 quotes) →Other sayings from Edmund Phelps
- “To pump up consumer or government demand would force interest rates up and asset prices down, possibly by eno…”Edmund Phelps
- “Things can get only so bad. People want to eat, so at some point they resist further cuts to their consumptio…”Edmund Phelps
- “Economists of a classical bent lay a large part of the decline of employment, and thus lagging output, to a c…”Edmund Phelps
- “Capitalist systems function less well without state protection of investors, lenders, and companies against m…”Edmund Phelps
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