Quote
The epic story of the West is the development in the 19th century of a mass prosperity the world had never seen and its near-disappearance in one nation after another in the 20th.
Quote
The epic story of the West is the development in the 19th century of a mass prosperity the world had never seen and its near-disappearance in one nation after another in the 20th.
More from Edmund Phelps
“In America, black urban teenagers have long been lacking in inclusion. In France, there is a comparable lack of inclusion among North Africans. In much of Europe, there has been little attem...”
0 likes
“Corporatist attitudes against capitalism came to the fore in the 1920s. Corporatists, with their conservative values, hated the invasion of towns and regions by new businesses, upsetting tra...”
0 likes
“The fallacy of the neoclassicals is their tenet that total employment, though hit by shocks, can be said always to be heading back to some normal level.”
0 likes
Discover More
“Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.”
200 likes
“I'm selfish, impatient and a little insecure. I make mistakes, I am out of control and at times hard to handle. But if you can't handle me at my worst, then you sure as hell don't deserve me...”
172 likes
“You've gotta dance like there's nobody watching, Love like you'll never be hurt, Sing like there's nobody listening, And live like it's heaven on earth.”
150 likes
“So many books, so little time.”
142 likes
“You know you're in love when you can't fall asleep because reality is finally better than your dreams.”
“The person, be it gentleman or lady, who has not pleasure in a good novel, must be intolerably stupid.”
112 likes