Edmund Phelps quotes - page 2

In Greece, Italy and, to a lesser extent, France, unsustainable tax cuts and spending sprees added to households' estimates of their private wealth relative to their wage income. (Edmund Phelps)
A healthy economics has got to have both conceptual, theoretical research and applied, empirical research. View quote
Edmund Phelps
Germany, Italy and France appear to possess less dynamism than do the U.S. and the others. View quote
Edmund Phelps
My God, I don't know anyone who likes to accumulate their wealth more than the Europeans. View quote
Edmund Phelps
My view is that innovation has declined in the everyday processes that businesses tinker with incrementally as they try to become more productive over time. View quote
Edmund Phelps
The 1920s and 1930s were a period of sensational productivity growth: new products were springing up all over the place, and most of those new products and new methods were developed by people who started their own companies. View quote
Edmund Phelps
As a grandson of farmers in downstate Illinois, I have long admired the dedication of farmers to their work and have written about the role of agriculture in American innovation. View quote
Edmund Phelps
I started to think about what drives innovation and what its social significance might be. The next step was to think innovators are taking a leap into the unknown. That led me to the thought that it is also a source of fun and employee engagement. View quote
Edmund Phelps
In societies where one sees a higher prevalence of 'modern values' - individualism, vitalism and self-expression - there's also higher reported job satisfaction. View quote
Edmund Phelps
A nation's economy is more than its markets, tastes, technologies and property rights. View quote
Edmund Phelps

Edmund Phelps

Edmund Phelps - Image
Photo: Robert Scoble, CC BY 2.0
Occupation: American Economist
Born: July 26, 1933
Quotes count: 35