“You have little representation of young black men in the business sector, so you have children growing up in disadvantaged neighborhoods who don't hear discussions at the dinner table about what goes on in business. It's almost as if we have two nations.”

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.