Dynamism - Phelps, Edmund; Bojilov, Raicho; Hoon, Hian Teck
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Nobel Laureate Edmund Phelps argues that the high level of innovation in the West was not a result of scientific discoveries plus entrepreneurship. Rather, modern valuesâ particularly the individualism and self-expression prevailing among the peopleâ fueled the dynamism needed for widespread innovation.

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Produktbeschreibung
Nobel Laureate Edmund Phelps argues that the high level of innovation in the West was not a result of scientific discoveries plus entrepreneurship. Rather, modern valuesâ particularly the individualism and self-expression prevailing among the peopleâ fueled the dynamism needed for widespread innovation.
Autorenporträt
Edmund Phelps won the 2006 Nobel Prize for Economics for deepening our understanding of the relationship between short-run and long-run effects of economic policy. He is Director of the Center on Capitalism and Society at Columbia University and author of many books, including Inflation Policy and Unemployment Theory, Structural Slumps, and Mass Flourishing.