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.

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

We define ourselves as intelligent. That's odd, because we're doing the definition - We're creating our own definition and saying, 'We are intelligent!'

The Audio Home Recording Act directly says that noncommercial copying by consumers is lawful.