Edmund Phelps

I would like to see people dreaming of striking out on their own into some other country or their own, wherever they feel the action is, in the hope of an exciting and rewarding career.

To prosper and advance, the American business sector is going to need a financial system oriented toward business, not 'home ownership.'

In essence, capitalist systems are a mechanism by which economies may generate growth in knowledge - with much uncertainty in the process, owing to the incompleteness of knowledge.

Right up until the late 18th century, when the first weighted lines were used to probe the ocean depths, many people believed the seas were bottomless - the watery equivalent of infinite outer space.

Tourism, human circulation considered as consumption is fundamentally nothing more than the leisure of going to see what has become banal.

I'm a big action junkie. I grew up on the '80s action movies - the bad ones and the good ones.