Edmund Phelps Knihy

Nobel Laureate Edmund Phelps argues that the high level of innovation in the West was not a result of scientific discoveries plus entrepreneurship. Rather, modern values-particularly the individualism and self-expression prevailing among the people-fueled the dynamism needed for widespread innovation.

Edmund Phelps is among the most important economists of his generation. In this book, Phelps tells the story of his role in reshaping economic theory, offering a powerful personal account of a creative and rewarding career.