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Edmund S. Phelps
By Edmund S. Phelps - Sep 21,2020
NEW YORK — Commentators have offered many reasons why one should vote in November for Joe Biden, the Democratic nominee for US president.
By Edmund S. Phelps - Aug 06,2020
NEW YORK – The robots are no longer coming; they are here.
By Edmund S. Phelps - Jan 30,2019
PARIS — The West is in crisis, and so is economics. Rates of return on investment are meager. Wages, and incomes generally, are stagnating for most people.
By Edmund S. Phelps - Mar 05,2018
NEW YORK — From the early nineteenth century to the early twentieth century, Western countries attributed their economic growth to the discoveries of “scientists and navigators”.
By Edmund S. Phelps - Jan 18,2017
In the United States, a domestic political shift from cosmopolitanism to nationalism, and from left-leaning metropolitan “elites” to right-leaning rural “populists”, seems, to many, to be under way.The prevailing economic ideology is also shifting, from a redistributive, regulato
By Edmund S. Phelps - Aug 27,2016
Decades of plodding growth together with the 2008 financial crisis have prompted a seismic shift in economic thinking in much of the world.There is talk of moving resources from investment to consumption, from heavy industry to “services” and from private sector to public sector.
By Edmund S. Phelps - Jul 28,2016
It has become impossible to deny the so-called secular stagnation gripping the world’s most developed economies: wealth is piling up, but real wages are barely rising and labour force participation has been on a downward trend.Worse yet, policymakers have no plausible idea about
By Edmund S. Phelps - Oct 11,2014
Business leaders often argue that the widening education gap — the disparity between what young people learn and the skills that the job market demands — is a leading contributor to high unemployment and slow growth in many countries. For their part, governments seem


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