Edmund S. Phelps

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.

Latest from Edmund S. Phelps

Macroscope | Post-pandemic US can revive prosperity through commitment to innovation and reform

Increasingly dominant companies and outdated corporate governance practices are undermining the foundations of prosperity. Fortunately, there are simple steps regulators and educators can take to put the economy and society on a sounder footing.

Increasingly dominant companies and outdated corporate governance practices are undermining the foundations of prosperity. Fortunately, there are simple steps regulators and educators can take to put the economy and society on a sounder footing.

30 Sep 2021 - 2:30AM
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.

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

6 Mar 2018 - 5:28PM