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Edmund Phelps

Overpaying the banks for their toxic assets could contribute capital, but that may not be politically feasible or attractive.

Overpaying the banks for their toxic assets could contribute capital, but that may not be politically feasible or attractive.

asset attractive bank

These are some quotes by American author Edmund Phelps Economist, who was born on July 26, 1933.

Quotes by 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.

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.

Edmund Phelps

actioncareercountry

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

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

Edmund Phelps

advanceamericanbusiness

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.

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.

Edmund Phelps

capitalisteconomyessence

Related Quotes

Leverage is great when it works, and when it doesn't work, it creates a lot of issues. So I think if you limit the amount of leverage that people can borrow, or that banks can borrow, I think you'll find that you'll have a lot less issues going forward.

Marc Lasry

amountbankborrow

It's interesting that Swiss banks also hide their assets from the Swiss by using offshore bank structuring.

It's interesting that Swiss banks also hide their assets from the Swiss by using offshore bank structuring.

Julian Assange

assetbankhide

I like villains because there's something so attractive about a committed person - they have a plan, an ideology, no matter how twisted. They're motivated.

I like villains because there's something so attractive about a committed person - they have a plan, an ideology, no matter how twisted. They're motivated.

Russell Crowe

attractivecommitideology

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