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Some economists believe that the Greeks' work ethic and thrift can pull them through. But the class
Some economists believe that the Greeks' work ethic and thrift can pull them through. But the class
Some economists believe that the Greeks' work ethic and thrift can pull them through. But the class
Some economists believe that the Greeks' work ethic and thrift can pull them through. But the class
Some economists believe that the Greeks' work ethic and thrift can pull them through. But the class
Some economists believe that the Greeks' work ethic and thrift can pull them through. But the class
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Edmund Phelps:
The Keynesian belief that 'demand' is always at the root of underemployment and slow growth is a faEdmund Phelps:
No amount of debt restructuring, even debt forgiveness, will help the Greeks achieve real prosperitEdmund Phelps:
There's such a preoccupation with liquidity and such an unwillingness to invest beyond the horizonEdmund Phelps:
When public spending in the form of transfer payments makes various services and benefits free of cEdmund Phelps:
Expertise and judgment in the art of lending for novel ventures must be reacquired.Edmund Phelps:
I don't think the economy telegraphs very clearly where it's going.Edmund Phelps:
One reason why upturns follow downturns is that downturns tend to overshoot. People get panicky, thEdmund Phelps:
Things can get only so bad. People want to eat, so at some point they resist further cuts to theirEdmund Phelps:
An economy open to new concepts and novel ventures is bound to generate unequal gains.Edmund Phelps:
America's peak years of indigenous innovation ran from the 1820s to the 1960s. There were a few fin