FORA.tv Speaker - Edmund Phelps
Professor Edmund Phelps, born in 1933 in Evanston, grew up in Hastings on-Hudson. He earned his B.A. from Amherst (1955) and his Ph.D. from Yale (1959). He is McVickar Professor of Political Economy at Columbia University, Director of Columbia’s Center on Capitalism and Society, and winner of the 2006 Nobel Prize in Economics.
Professor Phelps’s work can be seen as a program to put “people as we know them” back into economic models – accounting for the incompleteness of their information and studying the effects of their expectations on the market. He applies this perspective in studying unemployment and inclusion, economic growth, business swings and dynamism.
He holds many honorary doctorates and professorships. Professor Phelps is a Fellow of the National Academy of Science and a Distinguished Fellow of the American Economic Association, and in 2001 a Festschrift conference was held in his honor. In 2008 he was named Chevalier de la Légion d’Honneur and awarded the Premio Pico della Mirandola and the Kiel Global Economy Prize. The same year the UBA Law School established the Catedra Phelps. In 2010 he was appointed President-Dean of New Huadu Business School at Minjiang University in Fuzhou and awarded an honorary doctorate degree by the Université libre de Bruxelles. In 2011, Professor Phelps received the Louise Blouin Creative Leadership Award and was named a Full Foreign Member of the Russian Academy of Sciences.
09.21.12 | 00:42:28 min
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