Author: Edmund Phelps

Quotes

Workers in decent jobs view the economy as unjust if they or their children have virtually no chance of climbing to a higher rung in the socioeconomic ladder.

Workers in decent jobs view the economy as unjust if they or their children have virtually no chance of climbing to a higher rung in the socioeconomic ladder.

- 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.

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.

- Edmund Phelps

When I was a teenager, I learned to play the trumpet. Music became my passion.

When I was a teenager, I learned to play the trumpet. Music became my passion.

- Edmund Phelps

To prosper and advance, the American business sector is going to need a financial system oriented toward business, not 'home ownership.'

To prosper and advance, the American business sector is going to need a financial system oriented toward business, not 'home ownership.'

- Edmund Phelps

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