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Edmund S. Phelps

Edmund S. Phelps

37 commentaries

Edmund S. Phelps, the 2006 Nobel laureate in economics and Director of the Center on Capitalism and Society at Columbia University, is author of Mass Flourishing and co-author of Dynamism.

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  1. Recovering Prosperity
    phelps34_Alexi RosenfeldGetty Images_USuniversitywelcome Alexi Rosenfeld/Getty Images

    Recovering Prosperity

    Sep 28, 2021 Edmund S. Phelps & Mohammad A. Salhut argue that the key to success is to nurture the values that drive innovation.

  2. An Interview with Edmund S. Phelps
    A worker presents a chip for fifth-generation (5G) mobile networks at China Electronics Technology Group Zhang Bin/China News Service/VCG via Getty Images

    An Interview with Edmund S. Phelps

    May 4, 2021 Edmund S. Phelps identifies thinkers who led economics astray, assesses China’s innovative capacity, and shows why employment subsidies would do far more good than a universal basic income.

  3. The Economic Case for Biden
    phelps32_Drew AngererGetty Images_biden Drew Angerer/Getty Images

    The Economic Case for Biden

    Sep 21, 2020 Edmund S. Phelps explains why the Democratic ticket is better not just for American democracy but also for the US economy.

  4. Poverty as Injustice
    phelps31_Spencer PlattGetty Images_protest Spencer Platt/Getty Images

    Poverty as Injustice

    Aug 28, 2020 Edmund S. Phelps considers how Western societies can strike a balance between social support and economic growth.

  5. The Robot Question
    phelps30_Hu YuanjiaVCG via Getty Images_chinarobotworkertechnologymanufacturing Hu Yuanjia/VCG via Getty Images

    The Robot Question

    Aug 6, 2020 Edmund S. Phelps considers the effects of automation and artificial intelligence from the perspective of welfare economics.

  1. zizek8_Ying TangNurPhoto via Getty Images_iran protest Ying TangNurPhoto via Getty Images

    Women, Life, Freedom, and the Left

    Slavoj Žižek

    Four recent global news stories have revealed the varieties of women’s empowerment, showing how the politics of sex and gender can either challenge or reinforce existing power structures. For Western liberals, understanding these dynamics will be crucial to beating back the new right.

    shows how four recent news events highlight the failings of Western progressives to counter the far right.
  2. mazzucato44_Ian ForsythGetty Images_keirstarmer Ian Forsyth/Getty Images

    Toward a Progressive Economic Agenda

    Mariana Mazzucato

    Past policy failures and unmet populist promises represent an opportunity for progressive leaders. But to win power, they must articulate a coherent alternative economic-policy program, focusing not only on redistribution but also on wealth and value creation.

    offers a five-pronged policy blueprint for the left to counter populism and recover electoral relevance.
  3. yergin4_Oleg NikishinNewsmakers_gorby Oleg Nikishin/Newsmakers

    The Gorbachev Diagnosis

    Daniel Yergin revisits a 2001 interview with the former Soviet leader to consider where things went awry for Russia.
  4. ostry5_Gary HershornGetty Images_shipping Gary Hershorn/Getty Images

    The Canary in the Inflation Coal Mine

    Jonathan D. Ostry explains why central banks should pay much greater attention to shipping costs.
  5. fihn2_Wiktor SzymanowiczFuture Publishing via Getty Images_nuclearprotest Wiktor Szymanowicz/Future Publishing via Getty Images

    The Crumbling Nuclear Taboo

    Beatrice Fihn urges countries to refrain from responding to Russia's nuclear threats with nuclear threats of their own.
  6. furman10_DANIEL LEALAFP via Getty Images_UKeconomy Daniel Leal/AFP via Getty Images

    The Trussonomics Warning

    Jason Furman explains why all policies intended to help one group must nowadays come at the expense of other groups.
  7. khrushcheva159_ MIKHAIL METZELSPUTNIKAFP via Getty Images_putin speech MIKHAIL METZEL/SPUTNIK/AFP via Getty Images

    The Kremlin’s Suicidal Imperialism

    Nina L. Khrushcheva argues that the illegal annexation of four more Ukrainian territories will handicap future Russian leaders.
  8. nye234_ Chris McGrathGetty Images_ukraine war Chris McGrath/Getty Images

    What Caused the Ukraine War?

    Joseph S. Nye, Jr. considers the deep, intermediate, and immediate factors behind Russia’s invasion.
  9. acemoglu53_Lea SuzukiThe San Francisco Chronicle via Getty Images_google Lea Suzuki/The San Francisco Chronicle via Getty Images

    Why Businesses Misbehave

    Daron Acemoglu thinks narratives about heroic entrepreneurs and villainous tycoons are a distraction from what matters most.

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