• Thumbnail for Edmund Phelps
    Edmund Strother Phelps (born July 26, 1933) is an American economist and the recipient of the 2006 Nobel Memorial Prize in Economic Sciences. Early in...
    33 KB (3,682 words) - 04:24, 20 July 2024
  • Solow made the connection explicit and subsequently Milton Friedman and Edmund Phelps put the theoretical structure in place. While there is a short-run tradeoff...
    41 KB (5,623 words) - 20:39, 4 May 2024
  • key concept in the study of economic activity. Milton Friedman and Edmund Phelps, tackling this 'human' problem in the 1960s, both received the Nobel...
    13 KB (1,674 words) - 13:12, 23 September 2023
  • Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
    20 KB (2,073 words) - 16:25, 31 August 2024
  • von Neumann and Maurice Allais, the term is generally attributed to Edmund Phelps who wrote in 1961 that the golden rule "do unto others as you would...
    13 KB (1,854 words) - 19:49, 2 August 2023
  • Thumbnail for Macroeconomics
    curve relationship between inflation and unemployment. Friedman and Edmund Phelps (who was not a monetarist) proposed an "augmented" version of the Phillips...
    57 KB (6,824 words) - 07:18, 30 July 2024
  • Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
    4 KB (461 words) - 01:24, 2 August 2024
  • Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
    107 KB (13,226 words) - 22:43, 18 August 2024
  • Thumbnail for Inflation
    traditional Keynesian view concerning the Phillips curve. He, together with Edmund Phelps, contended that the trade-off between inflation and unemployment implied...
    120 KB (13,828 words) - 16:49, 5 September 2024
  • initially provided by the monetarist economist Milton Friedman, and also by Edmund Phelps. Both argued that when workers and firms begin to expect more inflation...
    42 KB (4,999 words) - 17:41, 19 July 2024
  • Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
    49 KB (6,199 words) - 02:07, 21 February 2024
  • Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
    63 KB (6,970 words) - 22:31, 4 September 2024
  • permanently increasing inflation. However, in 1968, Milton Friedman and Edmund Phelps argued that this apparent tradeoff was illusory. They claimed that the...
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  • Thumbnail for Monetarism
    Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
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  • experience in liquidating the type of firm it is lending to". Economist Edmund Phelps has argued that the financier plays a role in directing capital to investments...
    11 KB (1,265 words) - 15:07, 14 August 2024
  • statistical discrimination was pioneered by Kenneth Arrow (1973) and Edmund Phelps (1972). The name "statistical discrimination" relates to the way in...
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  • Thumbnail for Money
    Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
    57 KB (7,044 words) - 03:51, 29 August 2024
  • Thumbnail for List of Nobel laureates
    Kornberg Andrew Fire; Craig Mello Orhan Pamuk Muhammad Yunus; Grameen Bank Edmund Phelps 2007 Albert Fert; Peter Grünberg Gerhard Ertl Mario Capecchi; Martin...
    57 KB (1,739 words) - 17:27, 22 August 2024
  • Thumbnail for John Maynard Keynes
    series about the Bloomsbury Group, Life in Squares, Keynes was portrayed by Edmund Kingsley. The novel Mr Keynes' Revolution (2020) by E. J. Barnes is about...
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  • Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
    87 KB (10,082 words) - 12:17, 27 August 2024
  • Thumbnail for Cambridge University Press
    Clive Granger (Economics – 2003) Anthony James Leggett (Physics – 2003) Edmund Phelps (Economics – 2006) Leonid Hurwicz (Economics – 2007) Intergovernmental...
    57 KB (5,574 words) - 03:46, 19 August 2024
  • Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
    16 KB (1,880 words) - 10:46, 21 June 2024
  • Thumbnail for Causes of income inequality in the United States
    June 13, 2015. Capitalism vs Corporatism - Edmund Phelps Columbia University. January 11, 2010). Phelps, Edmund (August 25, 2013). Mass Flourishing: How...
    130 KB (14,535 words) - 01:25, 22 August 2024
  • Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
    31 KB (4,221 words) - 18:02, 29 May 2024
  • Since the 1960s, economists like Nobel Laureates Milton Friedman and Edmund Phelps have made ground in their arguments that inflationary expectations negate...
    74 KB (8,708 words) - 21:51, 6 August 2024
  • Thumbnail for Corporatocracy
    tilting the balance of power away from workers. In 2013, economist Edmund Phelps criticized the economic system of the U.S. and other western countries...
    33 KB (3,390 words) - 18:39, 19 August 2024
  • theoretical basis. Critics of this analysis (such as Milton Friedman and Edmund Phelps) argued that the Phillips curve could not be a fundamental characteristic...
    18 KB (2,212 words) - 21:26, 27 August 2024
  • wisdom" and serve important functions to society. He also talked about Edmund Burke and the English tradition to sustain these positions. When saying...
    59 KB (6,343 words) - 00:24, 5 September 2024
  • Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
    9 KB (1,014 words) - 10:34, 31 October 2023
  • Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
    14 KB (2,002 words) - 13:35, 4 September 2024