Nov 20 2009

Edmund Phelps

Published by editor at 6:30 am under Economy / Finance, Management, Nobel Prize Winners

Nobel Prize Winning Global Economist (2006)

NOBEL PRIZE ECONOMICSEdmund Phelps is McVickar Professor of Political Economy at Columbia University and director of Columbia’s Center on Capitalism and Society. His work can be seen as a program to put “people as we know them” back into economic models – to take into account the incompleteness of their information and their knowledge and to study the effects of their expectations and beliefs on the workings of markets.

Nobel Prize Winner in Economics, 2006 – For his analysis of intertemporal tradeoffs in macroeconomic policy

In detail

Edmund Phelps joined the Department of Economics at Columbia in 1971 after several years at Pennsylvania and earlier Yale. He was elected to the National Academy of Sciences (USA) in 1981 and was made a Distinguished Fellow of the American Economic Association in 2000. An international Festschrift in his honour was held at Columbia University in October 2001 and the 600 page conference volume was published by Princeton University Press in 2003. He also holds honorary doctorates from the Institut d’Etudes des Sciences Politiques de Paris (2006) and Universidad de Buenos Aires (2007).

What he offers you

Edmund Phelps demonstrates how low inflation today leads to expectations of low inflation in the future, thereby influencing future policy decision making by corporate and government leaders. He emphasises on the issue of savings and capital formation, but also the balance between inflation and unemployment.

How he presents

Thanks to his deep understanding of market coherences and outstanding achievements in his field he inspires any audience with his excellent rhetoric skills and eloquent style.



Topics

Global Economy

Macroeconomics

Economic Growth

Labour Markets

Capital Accumulation

Unemployment

Altruism

Dynamism and Inclusion



Awards and Honors

2008
Named Chevalier of the Legion of Honor

Winner of the Premio Pico della Mirandola for humanism

Winner of the Kiel Global Economy Prize

2007
Honorary Doctorate – Universidad de Buenos Aires

2006
Nobel Prize in Economics

Honorary Doctorate – Institut d’Etudes des Sciences Politiques de Paris

2000
Distinguished Fellow of the American Economic Association


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Script by Dagon Design

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