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...
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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...
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key concept in the study of economic activity. Milton Friedman and Edmund Phelps, tackling this 'human' problem in the 1960s, both received the Nobel...
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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...
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curve relationship between inflation and unemployment. Friedman and Edmund Phelps (who was not a monetarist) proposed an "augmented" version of the Phillips...
57 KB (6,819 words) - 00:42, 22 May 2024
Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
108 KB (13,259 words) - 07:16, 9 May 2024
traditional Keynesian view concerning the Phillips curve. He, together with Edmund Phelps, contended that the trade-off between inflation and unemployment implied...
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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...
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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...
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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...
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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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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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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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Capitalism and Society at Columbia University (where he works with Prof. Edmund Phelps). He is a contributor under contract to The Wall Street Journal, where...
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Kornberg Andrew Fire; Craig Mello Orhan Pamuk Muhammad Yunus; Grameen Bank Edmund Phelps 2007 Albert Fert; Peter Grünberg Gerhard Ertl Mario Capecchi; Martin...
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theoretical basis. Critics of this analysis (such as Milton Friedman and Edmund Phelps) argued that the Phillips curve could not be a fundamental characteristic...
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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...
57 KB (7,024 words) - 20:11, 29 April 2024
Unemployment. It was subsequently advocated by American economists Edmund Phelps and Scott Sumner, by American policy advisor Oren Cass, and by British...
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and Edmund Phelps. Phelps, although not a monetarist, argued that only unexpected inflation or deflation impacted employment. Variations of Phelps's...
118 KB (13,259 words) - 00:45, 22 May 2024
Clive Granger (Economics – 2003) Anthony James Leggett (Physics – 2003) Edmund Phelps (Economics – 2006) Leonid Hurwicz (Economics – 2007) Intergovernmental...
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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...
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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...
19 KB (1,921 words) - 15:30, 2 May 2024
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 (2,202 words) - 06:00, 27 April 2024
Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph...
29 KB (3,737 words) - 03:38, 3 April 2024
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 (2,553 words) - 17:49, 7 May 2024
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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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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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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Since the 1960s, economists like Nobel Laureates Milton Friedman and Edmund Phelps have made ground in their arguments that inflationary expectations negate...
77 KB (9,108 words) - 18:22, 26 April 2024
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 (2,698 words) - 09:46, 4 January 2024