Edmund Phelps Quotes

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.

Edmund Phelps

Chancellor Angela Merkel and Wolfgang Schaeuble, her finance minister, are right to oppose fiscal and bank unions without political union.

Edmund Phelps

No amount of debt restructuring, even debt forgiveness, will help the Greeks achieve real prosperity. What they need is not short-term relief but, rather, a long-term cure.

Edmund Phelps