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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) →More quotes by Edmund Phelps
- “In essence, capitalist systems are a mechanism by which economies may generate growth in knowledge - with muc…”Edmund Phelps
- “The fallacy of the neoclassicals is their tenet that total employment, though hit by shocks, can be said alwa…”Edmund Phelps
- “Corporatist attitudes against capitalism came to the fore in the 1920s. Corporatists, with their conservative…”Edmund Phelps
- “The level of dynamism is a matter of how fertile the country is in coming up with innovative ideas having pro…”Edmund Phelps
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