Edmund Phelps

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I’m not attacking the idea that people live in conglomerations of houses in proximity to one another, sharing the same water mains and the same newspaper delivery boy and so forth. I’m not objecting to that. That could happen with or without homeownership.

Edmund Phelps

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Edmund Phelps

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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.

I was promised on a time – to have reason for my rhyme; From that time unto this season, I received nor rhyme nor reason.

April 26, 2024

I was promised on a time – to have reason for my rhyme; From that time unto this season, I received nor rhyme nor reason.

April 26, 2024

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.

I’m not attacking the idea that people live in conglomerations of houses in proximity to one another, sharing the same water mains and the same newspaper delivery boy and so forth. I’m not objecting to that. That could happen with or without homeownership.

Edmund Phelps

Other Quote

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.

I was promised on a time – to have reason for my rhyme; From that time unto this season, I received nor rhyme nor reason.

I was promised on a time – to have reason for my rhyme; From that time unto this season, I received nor rhyme nor reason.

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.

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I’m not attacking the idea that people live in conglomerations of houses in proximity to one another, sharing the same water mains and the same newspaper delivery boy and so forth. I’m not objecting to that. That could happen with or without homeownership.

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