I do think from time to time that conceptual questions arise: What do we mean by equilibrium? What do we mean by this concept and that concept?
arise concept conceptual
Edmund Phelps
These are some quotes by American author Edmund Phelps Economist, who was born on July 26, 1933.
Quotes by Edmund Phelps
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Socialism has no moral justification whatsoever; poor people are not morally superior to rich people, nor are they owed anything by rich people simply because of their lack of success. Charity is not a socialist concept - it is a religious one, an acknowledgment of God's sovereignty over property, a sovereignty the Left utterly rejects.
