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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. delong259_ChesnotGetty Images_musk Omar Marques/Getty Images
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    Musk Has Made Tesla a Meme Stock

    J. Bradford DeLong worries that the first mover in electric vehicles is increasingly running on bucket-shop hype.
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    The US Treasury’s Bond Blunder Will Cost Gen Z Dearly

    Todd G. Buchholz & James Carter thinks the US should have locked in favorable borrowing rates when it had the chance.
  3. james217_ Christopher FurlongGetty Images_gold Christopher Furlong/Getty Images
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    What’s Driving the Global Gold Rush?

    Harold James considers the political factors pushing the price of the “barbarous relic” to all-time highs.
  4. stiglitz333_ Chip SomodevillaGetty Images_bidentrump Chip Somodevilla/Getty Images
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    Global Elections in the Shadow of Neoliberalism

    Joseph E. Stiglitz

    While scandals, culture wars, and threats to democracy dominate the headlines, the biggest issues in this super election year ultimately concern economic policies. After all, the rise of anti-democratic populist authoritarianism is itself the legacy of a misbegotten economic ideology.

     considers what 40 years of anti-government, low-tax, deregulatory advocacy have wrought around the world.
  5. terzi6_green transition degrowth Getty Images
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    Averting Climate Catastrophe Requires Economic Growth

    Alessio Terzi & Gernot Wagner show why shrinking the global economy, as envisaged by advocates of degrowth, is a bad way to cut emissions.
  6. varoufakis114_KIRILL KUDRYAVTSEVAFP via Getty Images_germany protests KIRILL KUDRYAVTSEV/AFP via Getty Images
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    Banned By Germany

    Yanis Varoufakis

    Germany recently prohibited a Palestinian Congress from taking place in Berlin, arrested its Jewish supporters, and barred one of its organizers, Greece’s former finance minister, from entering the country. But the turn to repression is powerful evidence that the country’s pro-Israel political consensus is breaking down.

     sees in his case an effort to enforce with repression a pro-Israel political consensus that is breaking down.
  7. sheng147_ Annabelle ChihGetty Images_taiwansemiconductors Annabelle Chih/Getty Images
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    China Should Emulate Taiwan’s Tech Policies

    Andrew Sheng & Xiao Geng urge the Chinese government to follow the island's lead by embracing the financialization of innovation.
  8. leonard100_CHRISTOPHE PETIT TESSONPOOLAFP via Getty Images_macron CHRISTOPHE PETIT TESSON/POOL/AFP via Getty Images
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    The Macron Moment

    Mark Leonard thinks the French president has the capability to provide the strategic leadership that Europe needs.
  9. lshuo1_Ryan PyleCorbis via Getty Images_china coal Ryan Pyle/Corbis via Getty Images
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    Is Climate Action China’s Trump Card?

    Li Shuo & Lauri Myllyvirta explain why the country’s emissions-reduction plan for 2035 could accelerate the fight against global warming.

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