Edmund S. Phelps Quotes

#1. Flourishing is the heart of prospering - engagement, meeting challenges, self-expression, and personal growth.

Edmund S. Phelps

#2. Output per worker in England did not increase at all between 1500 and 1800, according to the estimates by Angus Maddison in his 2006 volume The World Economy, a trusted source.

Edmund S. Phelps

#3. The sole problem was the terrible unawareness.

Edmund S. Phelps

#4. And attitudes that would enable and encourage attempts at

Edmund S. Phelps

#5. The recognition by a people that their prosperity depends on the breadth and depth of their innovative activity is of huge importance. Nations unaware

Edmund S. Phelps

#6. Flourishing comes from the experience of the new: new situations, new problems, new insights, and new ideas to develop and share.

Edmund S. Phelps

#7. This book is my response to these developments: It is an appreciation of the flourishing that was the humanistic treasure of the modern era. It is also a plea to restore what has been lost and not to reject out of hand the modern values that inspired the broad prosperity of modern societies.

Edmund S. Phelps

#8. We forget to appreciate what it meant for people to escape from the wages of medieval times to incomes two or three times the medieval level, as most people in Britain, America, France, and the German lands came to enjoy in the 19th century.

Edmund S. Phelps

#9. Seen as paving the way for an age of innovation.

Edmund S. Phelps