📖 Edmund Phelps

🌍 Americano

Edmund Phelps is a renowned American economist recognized for his contributions to macroeconomics, particularly in the areas of growth theory and labor economics. His work emphasizes the importance of innovation and human capital in driving economic growth and productivity. Phelps's theories challenge traditional economic models by integrating aspects like the role of individual behavior and expectations in the functioning of economies. He emphasizes that an economy's vitality depends not just on capital accumulation but...
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