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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. skidelsky191_Hollie AdamsGetty Images_rorystewart Hollie Adams/Getty Images

    The New Anatomy of Britain

    Robert Skidelsky laments the decline of UK institutions and the increasingly limited scope for meaningful action.
  2. ilango1_Getty Images_esg Getty Images

    Financing Our Survival

    Vera Songwe

    Between now and the end of this decade, climate-related investments need to increase by orders of magnitude to keep the world on track toward achieving even more ambitious targets by mid-century. Fortunately, if done right, such investments could usher in an entirely new and better economy.

    explains what it will take to mobilize capital for the net-zero transition worldwide.
  3. ito31_EVELYN HOCKSTEINPOOLAFP via Getty Images_modibidenlulag20 Evelyn Hockstein/Pool/AFP via Getty Images

    Whither the G20?

    Takatoshi Ito

    Following the latest G20 summit, the G7 should be thinking seriously about deepening its own ties with more non-aligned countries. If the Ukraine war drags on, and if China continues to threaten to take Taiwan by force, the G20 will be split between friends of the BRICS and friends of the G7.

    sees the grouping as increasingly divided between friends of the G7 and friends of China and Russia.
  4. kitaw1_Per-Anders PetterssonGetty Images_africamining Per-Anders Pettersson/Getty Images

    Making the Most of Africa’s Strategic Green Minerals

    Marit Kitaw explains how the continent can move beyond resource extraction to build green industry.
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    America Must Join Europe’s Climate Club

    Gary Yohe & Roger Kuhns urge US policymakers to create a carbon-pricing policy in line with the bloc’s emissions-reduction plan.
  6. ydeng1_ Feng LiGetty Images_chinapolicecorruption Feng Li/Getty Images

    Measuring Corruption in China

    Yongheng Deng & Shang-Jin Wei outline a novel approach to assessing the extent and scope of the country's graft problem.
  7. tyson115_ Chip SomodevillaGetty Images_local reporters Chip Somodevilla/Getty Images

    To Protect Democracy, Revive Local Journalism

    Laura Tyson & Lenny Mendonca identify promising new models and philanthropic initiatives geared toward supporting independent media.
  8. sjohnson2_ GHIEducation ImagesUniversal Images Group via Getty Images)_chemo GHI/Education Images/Universal Images Group via Getty Images

    How to Achieve Universal Cancer Care

    Sonali Johnson urges governments worldwide to include the disease in national health-insurance schemes.
  9. roubini181_mmxxmmGetty Images_digitalclimate mmxxmm/Getty Images

    What Climate Finance Needs

    Nouriel Roubini & Reza Bundy explain what it will take to channel private capital and savings toward sustainable development.

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