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.

The press, the machine, the railway, the telegraph are premises whose thousand-year conclusion no one has yet dared to draw.

President Obama's view of a free economy is to send your money to his friends. My vision for a free enterprise economy is to return entrepreneurship and genius and creativity to the American people!