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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. scherger1ARMEND NIMANIAFP via Getty Images_farming ARMEND NIMANI/AFP via Getty Images
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    Carbon Farming Won't Save the Planet

    Sophie Scherger warns that soil-storage offsets may serve as a smokescreen for polluting industries.
  2. bildt129_MaximShipenkovGettyImages_valdai_putin_fail Maxim Shipenkov/Getty Images
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    Putin’s March of Folly

    Carl Bildt argues that Russia’s president has only his own poor decisions to blame for his country’s loss of status.
  3. hausmann117_TONY KARUMBAAFP via Getty Images_africawindfarm Tony Karumba/AFP via Getty Images
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    A Better Approach to Climate Finance

    Ricardo Hausmann

    By harnessing the capabilities of developing countries, we can accelerate global decarbonization while creating new growth opportunities. This approach would not only advance crucial climate goals but also ensure that a larger share of the world’s population can enjoy the fruits of the clean-energy transition.

     shows how developing countries can accelerate global decarbonization while creating new growth opportunities.
  4. ghosh83_CHRISTIAN MONTERROSAAFP via Getty Images_trump cop CHRISTIAN MONTERROSA/AFP via Getty Images
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    Trump’s Bad COP

    Jayati Ghosh says the Paris climate agreement’s future depends on how other countries respond to the new US administration.
  5. goldberg32_Spencer PlattGetty Images_USshipping Spencer Platt/Getty Images
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    Are Tariffs Worth It?

    Pinelopi Koujianou Goldberg thinks the risks and costs for the US will far outweigh any potential political or geopolitical benefits.
  6. schalatek1_Resul RehimovAnadolu via Getty Images_cop29 Resul Rehimov/Anadolu via Getty Images
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    Is the Loss and Damage Fund Becoming an Empty Promise?

    Liane Schalatek warns that rich countries are once again shirking their responsibility to provide adequate climate finance.
  7. mazzucato77_PABLOPORCIUNCULAGettyImages_G20_summit_prostest PABLO PORCIUNCULA/Getty Images
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    How Global Public Investment Should Work

    Mariana Mazzucato & Jonathan Glennie

    Addressing problems like climate change and biodiversity loss calls for new thinking about how to mobilize the huge volume of financing that will be needed. International cooperation must be re-framed as a collective endeavor in which all countries benefit, contribute, and make investment decisions together.

     propose a new model to unlock financing for action on climate change, biodiversity loss, and other issues.
  8. palacio163_Dominika ZarzyckaSOPA ImagesLightRocket via Getty Images_cop29finance Dominika Zarzycka/SOPA Images/LightRocket via Getty Images
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    COP29 Must Deliver the Goods

    Ana Palacio hopes that geopolitical uncertainty will not thwart ambitious, credible climate-finance commitments.
  9. ngilman1_Ivan LiemanAFP via Getty Images_rwandagorilla Ivan Lieman/AFP via Getty Images
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    Interspecies Money Is Here

    Nils Gilman & Mutesi Rusagara look beyond the first ever payments to animals and see a new model for human-wildlife economic collaboration.

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