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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.

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Edmund Phelps

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In societies where one sees a higher prevalence of ‘modern values’ – individualism, vitalism and self-expression – there’s also higher reported job satisfaction.

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I’ve lived to see key parts of my research absorbed in textbooks and in central banks around the world. And some finance ministries, too.

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April 26, 2024

I’ve lived to see key parts of my research absorbed in textbooks and in central banks around the world. And some finance ministries, too.

Previous

April 26, 2024

In societies where one sees a higher prevalence of ‘modern values’ – individualism, vitalism and self-expression – there’s also higher reported job satisfaction.

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