Edmund Phelps won the 2006 Nobel Prize for Economics for deepening our understanding of the relationship between the short-run and long-run effects of economic policy. He is Director of the Center on Capitalism and Society at Columbia University and author of many books, including Inflation Policy and Unemployment Theory, Structural Slumps, and Mass Flourishing.
The Modern Equilibrium Theory of Unemployment, Interest, and Assets
Awards & Accolades
- Edmund S. Phelps Is Winner of the 2006 Nobel Prize in Economics
- 1994 Professional and Scholarly Publishing Award of the Association of American Publishers, Economics Category