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Edmund S. Phelps

Edmund S. Phelps

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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. johnson159_Bill O'LearyThe Washington Post via Getty Images_congress ukraine Bill O'Leary/The Washington Post via Getty Images

    Only the US Congress Can Stop Ukraine from Winning

    Simon Johnson explains why Russia’s best hope now lies with House Republicans’ nonsensical position on the US debt ceiling.
  2. emmott42_TORU YAMANAKAAFP via Getty Image_japannavy Toru Yamanaka/AFP via Getty Images

    What Japanese Deterrence Would Look Like

    Bill Emmott

    In new strategy documents, Japan’s government has broken new ground with a public commitment to build up the country’s counterstrike and rapid mobilization capabilities. Though executing this task will not be easy, it has become essential to peace in the region.

    explains what it will take to discourage aggression by North Korea, Russia, and especially China.
  3. duran8_ Getty ImagesGetty Images_argentina brazil union Getty Images/Getty Images

    Getting to Monetary Integration in Latin America

    Camila Villard Duran explains why the vision of a regional unit of account, advanced by Brazil and Argentina, is achievable.
  4. subramanian35_erhui1979Getty Images_speechbubbles erhui1979/Getty Images

    The Age of Verbiage

    Arvind Subramanian blames today’s nonstop inundation of expert opinion for undermining the quality of public discourse.
  5. haldar17_ FABRICE COFFRINIAFP via Getty Images_davos FABRICE COFFRINI/AFP via Getty Images

    Davos Man Has a People Problem

    Antara Haldar suspects that the socially “disembedded” economic logic of globalization has gone as far as it can go.
  6. buiter44_ SAUL LOEBAFP via Getty Images_treasury SAUL LOEB/AFP via Getty Images

    Eliminate the Debt Ceiling

    Willem H. Buiter thinks the US Constitution and common sense argue for a de facto abolition of the cap.
  7. ito23_KAZUHIRO NOGIAFP via Getty Images_japanmilitarysoldiers Kazuhiro Nogi/AFP via Getty Images

    Japan’s Fiscal Dilemma

    Takatoshi Ito explains why the country’s deficit-financed spending spree endangers its national security.
  8. rogoff233_ Arne Dedertpicture alliance via Getty Images_germanystockmarket Arne Dedert/picture alliance via Getty Images

    Too Soon for Global Optimism

    Kenneth Rogoff

    It is hard to reconcile the jubilant mood of many business leaders with the uncertainty caused by the war in Ukraine. While there are some positive signs of economic recovery, a sudden escalation could severely destabilize the global economy, cause a stock market crash, and accelerate deglobalization.

    warns that the Ukraine war and economic fragmentation are still jeopardizing world growth prospects.
  9. pisaniferry141_Sean GallupGetty Images)_macronscholz Sean Gallup/Getty Images

    Why Europe’s Franco-German Engine Is Stalling

    Jean Pisani-Ferry cautions that the two countries' differences are so substantial that a hasty compromise will not suffice.

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