Edmund Phelps quote

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It was gradually learned that acceptance of a somewhat higher inflation rate would not really bring somewhat higher employment.
Edmund Phelps
Edmund Phelps
Edmund Phelps
Born: Jul 26, 1933

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Acceptance, Inflation, Would, Rate, Somewhat, Higher, Employment, Learned, Gradually, Really, Bring

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Alan Greenspan, Herbert A. Simon, John Kenneth Galbraith, Milton Friedman, Paul A. Volcker, Richard Thaler, Robert Reich, Thomas Sowell
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The five stages - denial, anger, bargaining, depression, and acceptance - are a part of the framework that makes up our learning to live with the one we lost. They are tools to help us frame and identify what we may be feeling. But they are not stops on some linear timeline in grief. Elisabeth Kubler-Ross
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Acceptance of what has happened is the first step to overcoming the consequences of any misfortune. William James
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