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Edmund S. Phelps

Edmund S. Phelps

37 commentaries

Edmund S. Phelps, the 2006 Nobel laureate in economics and Director of the Center on Capitalism and Society at Columbia University, is author of Mass Flourishing and co-author of Dynamism.

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  1. Recovering Prosperity
    phelps34_Alexi RosenfeldGetty Images_USuniversitywelcome Alexi Rosenfeld/Getty Images

    Recovering Prosperity

    Sep 28, 2021 Edmund S. Phelps & Mohammad A. Salhut argue that the key to success is to nurture the values that drive innovation.

  2. An Interview with Edmund S. Phelps
    A worker presents a chip for fifth-generation (5G) mobile networks at China Electronics Technology Group Zhang Bin/China News Service/VCG via Getty Images

    An Interview with Edmund S. Phelps

    May 4, 2021 Edmund S. Phelps identifies thinkers who led economics astray, assesses China’s innovative capacity, and shows why employment subsidies would do far more good than a universal basic income.

  3. The Economic Case for Biden
    phelps32_Drew AngererGetty Images_biden Drew Angerer/Getty Images

    The Economic Case for Biden

    Sep 21, 2020 Edmund S. Phelps explains why the Democratic ticket is better not just for American democracy but also for the US economy.

  4. Poverty as Injustice
    phelps31_Spencer PlattGetty Images_protest Spencer Platt/Getty Images

    Poverty as Injustice

    Aug 28, 2020 Edmund S. Phelps considers how Western societies can strike a balance between social support and economic growth.

  5. The Robot Question
    phelps30_Hu YuanjiaVCG via Getty Images_chinarobotworkertechnologymanufacturing Hu Yuanjia/VCG via Getty Images

    The Robot Question

    Aug 6, 2020 Edmund S. Phelps considers the effects of automation and artificial intelligence from the perspective of welfare economics.

  1. akufoaddo2_ CRISTINA ALDEHUELAAFP via Getty Images_ghanavaccine Cristina Aldehuela/AFP via Getty Images
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    The Key to Africa’s Vaccine Sovereignty

    Nana Akufo-Addo urges donor governments to build on successful efforts to boost immunization across the continent.
  2. gill9_Alet PretoriusGallo Images via Getty Images_africadebt Alet Pretorius/Gallo Images via Getty Images
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    For Developing Economies, the Finance Landscape Has Become a Wasteland

    Indermit Gill shows that current conditions give the world's poorest countries no chance to achieve sustained growth.
  3. velasco154_ SAUL LOEBAFP via Getty Images_trump SAUL LOEB/AFP via Getty Images
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    How Not to React to Donald Trump

    Andrés Velasco calls for more serious thinking by progressives and fewer knee-jerk calls to “abandon neoliberalism.”
  4. acemoglu81_Kent NishimuraGettyImages_capitol_post_protest Kent Nishimura/Getty Images
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    The Fall and Rise of American Democracy

    Daron Acemoglu

    Over time, as American democracy has increasingly fallen short of delivering on its core promises, the Democratic Party has contributed to the problem by catering to a narrow, privileged elite. To restore its own prospects and America’s signature form of governance, it must return to its working-class roots.

     is not surprised that so many voters ignored warnings about the threat Donald Trump poses to US institutions.
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    Enrique Krauze on Baruch Spinoza, the US election, Mexican democracy, and more

    Enrique Krauze considers the responsibility of the state to guarantee freedom, heralds the demise of Mexico’s democracy, highlights flaws in higher-education systems, and more.
  6. khrushcheva188_Chris McGrathGetty Images_ukraine Chris McGrath/Getty Images
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    Does a Savage War of Partition Await Ukraine?

    Nina L. Khrushcheva traces the grim history of territorial divisions like the one that Donald Trump seems to be envisioning.
  7. varoufakis121_Justin SullivanGettyImages_chinese_conainers_oakland Justin Sullivan/Getty Images
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    America’s Trade Deficit Is Not Afraid of Donald Trump

    Yanis Varoufakis shows why the incoming US administration can’t eliminate the negative balance – and wouldn’t even if it could.
  8. kuttab60_CHANDAN KHANNAAFP via Getty Images_trumpisrael Chandan Khanna/AFP via Getty Images
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    Trump’s Middle East Challenge

    Daoud Kuttab highlights the changes in the region that will complicate the US president-elect's peacemaking efforts.
  9. watkins30_ Stanislav KogikuSOPA ImagesLightRocket via Getty Images_sdgs Stanislav Kogiku/SOPA Images/LightRocket via Getty Images
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    Last Chance for the SDGs?

    Kevin Watkins thinks the fate of the 2030 targets hinges on the next International Development Association replenishment.

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