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Edmund S. Phelps

Edmund S. Phelps

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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. velasco147_Tomas CuestaGetty Images_argentinapesos Tomas Cuesta/Getty Images
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    Argentina’s Inflation Paradoxes

    Andrés Velasco asks whether President Javier Milei's administration can sustain its initial economic-policy successes.
  2. buruma213_Stephanie KeithGetty Images_palestine college Stephanie Keith/Getty Images)
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    The Privileged Gaza Protesters

    Ian Buruma argues that fear of losing rank could be driving students to demonstrate their intersectional bona fides.
  3. krueger54_ Anna MoneymakerGetty Images_CHIPS Anna Moneymaker/Getty Images
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    What Mission-Driven Government Means

    Mariana Mazzucato & Rainer Kattel correct common misconceptions about a particular form of state participation in the economy.
  4. haldar33_Sean GallupGetty Images for Burda Media_kahneman Sean Gallup/Getty Images for Burda Media
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    The Psychologist Who Convinced Economists that to Err Is Human

    Antara Haldar reflects on the pioneering work and legacy of one of the world’s most influential social scientists.
  5. bremmer29_Nathan HowardGetty Images_ukraine aid Nathan Howard/Getty Images
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    Will the Renewed US Support for Ukraine Be Enough?

    Ian Bremmer

    Sixteen months of congressional inaction in the United States has left Ukrainian forces exhausted and short on ammo. Although America has now finally enacted another package of financial and military aid, the best that the Ukrainians can hope for is another stalemate, rather than another major offensive against Russian lines.

     explains how an additional $61 billion in aid and arms will, and will not, change the course of the war.
  6. hamada64_Franck Robichon - PoolGetty Images_abe Franck Robichon/Pool/Getty Images
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    The Lasting Legacy of Abenomics

    Koichi Hamada highlights two important aspects of the late Japanese Prime Minister Abe Shinzō’s policy agenda.
  7. bollmohr2_ Dan KitwoodGetty Images_fetilizier Dan Kitwood/Getty Images
    Free to read
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    Fertilizers Will Not Fix Africa’s Food Crisis

    Silke Bollmohr & Harun Warui refute the idea that industrial inputs will increase yields and alleviate hunger on the continent.
  8. qian36_ Jens Kalaenepicture alliance via Getty Images_tiktok Jens Kalaene/picture alliance via Getty Images
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    What TikTok Got Wrong About America

    Nancy Qian thinks the company sealed its fate by aggressively interfering in the US political process.
  9. nye257_MARK SCHIEFELBEINPOOLAFP via Getty Images_blinkenxi Mark Schiefelbein/Pool/AFP via Getty Images
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    US-China Cooperation Remains Possible

    Joseph S. Nye, Jr.

    Although the US has abandoned its policy of engagement with China, the strategy of great-power competition that has replaced it does not preclude cooperation in some areas. A good analogy is a soccer match, where two teams battle fiercely but abide by certain rules and boundaries, kicking only the ball, rather than each other.

     identifies seven areas where the two countries can still work together toward mutually beneficial outcomes.

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