Edmund S. Phelps

Edmund S. Phelps
  • Director, The Center on Capitalism and Society, Columbia University, USA

1955, BA, Amherst; 1959, PhD, Yale. Director, Center on Capitalism and Society, Columbia University. Dean, New Huadu Business School, China and Switzerland. Work can be seen as a programme to put people back into economic models despite their incomplete information and imperfect knowledge. Applies this perspective to unemployment, business swings, inclusion and economic dynamism. New book, Mass Flourishing, synthesizes research in a sweeping history and defence of the modern values undergirding dynamism. Member, National Academy of Science (1982). Distinguished Fellow, American Economic Association (2000). Nobel Laureate in Economics (2006).