Edmund S. Phelps

Edmund S. Phelps, the 2006 Nobel laureate in Economics, is director of the Centre on Capitalism and Society at Columbia University and the author of Mass Flourishing. Copyright: Project Syndicate

Latest from Edmund S. Phelps

China shows that competition leads to innovation, something the West seems to have forgotten

China, like Western countries before, has realised that ‘zeal’ isn’t enough – society benefits most when competition is encouraged.

6 Mar 2018 - 5:28PM

China, like Western countries before, has realised that ‘zeal’ isn’t enough – society benefits most when competition is encouraged.