Edmund Phelps quote

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A healthy economics has got to have both conceptual, theoretical research and applied, empirical research.
Edmund Phelps
Edmund Phelps
Edmund Phelps
Born: Jul 26, 1933

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Economics, Healthy, Research, Both, Empirical, Conceptual, Got, Theoretical, Applied

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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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History shows that where ethics and economics come in conflict, victory is always with economics. Vested interests have never been known to have willingly divested themselves unless there was sufficient force to compel them. B. R. Ambedkar
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