My Journeys in Economic Theory Phelps Edmund S.
Edmund Phelps is among the most important economists of his generation. He developed a new understanding of unemployment and inflation and went on to rethink the roots of innovation. His work…
Specifikacia My Journeys in Economic Theory Phelps Edmund S.
Edmund Phelps is among the most important economists of his generation. He developed a new understanding of unemployment and inflation and went on to rethink the roots of innovation. His work represents a lifelong project to put "people as we know them" into economic theory.In this book, Phelps tells the story of his role in reshaping economic theory, offering a powerful personal account of a creative and rewarding career. My Journeys in Economic Theory charts two major phases of Phelps's work, illuminating the breadth of his contributions to the field. First, introducing the expectations of wage setters and cofounding the "equilibrium" rate of unemployment, he built the microeconomic foundations for the employment theory pioneered by Keynes and Hicks. More recently, he conceived a theory of "mass flourishing" superseding Schumpeter and Solow's conception of
Economic Theory
Theory of Economic Development
Durer\'s Journeys