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 Change image and share on social
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? Edmund Phelps ariseconceptconceptual Change image and share on social
In America, black urban teenagers have long been lacking in inclusion. In France, there is a comparable lack of inclusion among North Africans. In much of Europe, there has been little attempt to include the Roma. Edmund Phelps africanamericaattempt share on social
The celebration of homeownership seems to be part of a countermovement against popular owning of shares in corporations. Edmund Phelps celebrationcorporationcountermovement Change image and share on social
It was gradually learned that acceptance of a somewhat higher inflation rate would not really bring somewhat higher employment. Edmund Phelps acceptancebringemployment Change image and share on social
To prosper and advance, the American business sector is going to need a financial system oriented toward business, not 'home ownership.' Edmund Phelps advanceamericanbusiness Change image and share on social
I'm hoping that the administration and other thought leaders will succeed eventually in bringing the country back to the older idea that the American dream is having a career, getting a job, and getting involved in it, and doing well. That was the core of the good life. Edmund Phelps administrationamericanback share on social
Unemployment rates tend to rise and fall in roughly equal proportion at all rungs of the ladder, and that happened between 1973 and 1985. Edmund Phelps equalfallhappen Change image and share on social
Statistical studies are all over the lot about the pluses and minuses of raising the minimum wage. Edmund Phelps lotminimumminuse Change image and share on social
The difficulties of many European countries derive from their corporatism: state projects serving cronies and vast social protection programmes, both run by elites. These surged in the 1970s and 1980s. Edmund Phelps 1970s1980scorporatism share on social
