Edmund Phelps Quotes
I do think from time to time that conceptual questions arise: What do we mean by equilibrium? What do we mean by this concept and that concept?
Citations
Phelps, Edmund S. Interview. NobelPrize.org, Nobel Media AB, 2006.
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Edmund Strother Phelps (born July 26, 1933) is an American economist and the recipient of the 2006 Nobel Memorial Prize in Economic Sciences.