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Quotes by "Edmund Phelps"

Workers in decent jobs view the economy as unjust if they or their children have virtually no chance of climbing to a higher rung in the socioeconomic ladder.
— Edmund Phelps
Tags: ladder, chance, view, children
Mass prosperity came with the mass innovation that sprung up in 1815 in Britain, soon after in America, and later in Germany and France: It brought sustained growth to these nations - also to nations with entrepreneurs willing and able to copy the innovations.
— Edmund Phelps
Tags: copy, america, innovation, growth
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