Edmund Phelps quote

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A modern economy is marked by the feasibility of endogenous change: Modernization brings myriad arrangements from expanded property rights to company law and financial institutions.
Edmund Phelps
Edmund Phelps
Edmund Phelps
Born: Jul 26, 1933

Topics

Property, Change, Rights, Financial, Law, Marked, Property Rights, Myriad, Economy, Institutions, Arrangements, Modern, Modernization, Company, Brings

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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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It seems the most logical thing in the world to believe that the natural resources of the Earth, upon which the race depends for food, clothing and shelter, should be owned collectively by the race instead of being the private property of a few social parasites. Ralph Chaplin
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