“I've lived to see key parts of my research absorbed in textbooks and i...” — Edmund Phelps Quote

“I've lived to see key parts of my research absorbed in textbooks and in central banks around the world. And some finance ministries, too.”

“'Egalitarians' who complain about inequality view the wealth of the wealthiest as bad in itself: it disfigures society. They would enact a wealth tax to extirpate the offending wealth.”

“My view is that innovation has declined in the everyday processes that businesses tinker with incrementally as they try to become more productive over time.”

“Whether he's a finance bro or a blue collar man, women are not looking to take care of nor save their man; they are looking to be taken care of and, dare I say, rescued themselves.”

“What distinguishes the campaign finance issue from just about every other one being debated these days is that the two sides do not divide along conventional liberal/ conservative lines.”

“All around the world, we send our top talent into finance, technology, medicine and law - everywhere but towards expanding opportunity for our most marginalized children.”