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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. zizek19_Carsten KoallGetty Images_jewish and anti-semitism Carsten Koall/Getty Images
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    Anti-Semitism and Intersectionality

    Slavoj Žižek

    The European Jewish Association’s recent insistence on the exceptional nature of anti-Semitism raises important questions about the nature of privilege and oppression in contemporary societies. The risk is that the EJA’s conceptual framework could all too easily reproduce the very bigotry it seeks to oppose.

     sees problems with efforts to treat hatred toward Jews separately from other forms of bigotry.
  2. rajan83_Kevin DietschGetty Images_federalreserve Kevin Dietsch/Getty Images
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    Not Buying Central Banks’ Favorite Excuse

    Raghuram G. Rajan shows why monetary policymakers must bear some of the blame for the latest banking-sector turmoil.
  3. op_reedlangen6_Chip SomodevillaGetty Images_supremecourt Chip Somodevilla/Getty Images
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    The Lost Liberal Legal Imagination

    Nicholas Reed Langen considers the complicated legacy of a progressive jurist whom conservatives now champion.
  4. fulford1_John MooreGetty Images_pandemic John Moore/Getty Images
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    Saved by the Pandemic?

    Scott Fulford explains why its successful COVID-19 stimulus could help the US forge a path to financial stability for all.
  5. slaughter97_Miguel PereiraGetty Images_workingfromhome Miguel Pereira/Getty Images
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    How Much Work Is Enough?

    Anne-Marie Slaughter & Autumn McDonald explain how the pandemic raised new questions – and some very old ones – for employers and employees.
  6. velasco137_JAVIER TORRESAFP via Getty Images_kast JAVIER TORRES/AFP via Getty Images
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    How the Far Left Paves the Way for the Far Right

    Andrés Velasco

    In October 2022, Chileans elected a far-left constitutional convention which produced a text so bizarrely radical that nearly two-thirds of voters rejected it. Now Chileans have elected a new Constitutional Council and put a far-right party in the driver’s seat.

     blames Chilean President Gabriel Boric's coalition for the rapid rise of far right populist José Antonio Kast.
  7. skidelsky187_Getty Images_gpt-4 Getty Images
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    Creeping Toward Dystopia

    Robert Skidelsky worries that even elected governments will appropriate emerging technologies in the name of national security.
  8. shoukry2_BOBB MURIITHIAFP via Getty Images_drought BOBB MURIITHI/AFP via Getty Images
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    The Climate Loss and Damage Fund Is Coming

    Sameh Shoukry assesses recent efforts to implement a crucial initiative agreed at last year’s UN Climate Change Conference.
  9. wian29_Kevin FrayerGetty Images_chinagraduates Kevin Frayer/Getty Images
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    China’s Youth Unemployment Problem

    Nancy Qian warns that diminishing opportunities for new graduates will have profound long-run macroeconomic implications.

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