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Edmund Phelps, Who Upended the Way We View Inflation, Dies at 92

He won a Nobel in 2006 for challenging the conventional wisdom among economists that higher inflation was a necessary price to pay for low unemployment.

Chris Kornelis
Author: Chris Kornelis

Written by

Chris Kornelis

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Banking and Financial Institutions, Deaths (Obituaries), Economics (Theory and Philosophy), Inflation (Economics), Money-Wage Dynamics and Labor-Market Equilibrium (Book), Nineteen Hundred Sixties, Nobel Prizes, Phelps, Edmund S, United States Economy
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