Audiobook7 hours
My Journeys in Economic Theory
Written by Edmund Phelps
Narrated by David Colacci
Rating: 0 out of 5 stars
()
About this audiobook
Edmund Phelps is among the most important economists of his generation. He developed a new understanding of unemployment and inflation and went on to rethink the roots of innovation.
In this book, Phelps tells the story of his role in reshaping economic theory, offering a powerful personal account of a creative and rewarding career. My Journeys in Economic Theory charts two major phases of Phelps's work, illuminating the breadth of his contributions to the field. First, introducing the expectations of wage setters and cofounding the "equilibrium" rate of unemployment, he built the microeconomic foundations for the employment theory pioneered by Keynes and Hicks. More recently, he conceived a theory of "mass flourishing" in which individuals' creativity and society's dynamism fuel grassroots innovation and generate job satisfaction in the process.
Phelps recounts his vivid experiences in the world of economics as well as his relationships with luminaries such as John Rawls, Thomas Nagel, Paul Samuelson, and Paul Volcker. At its core, this book shares the joy of intellectual achievement: the excitement of coming up with a new idea that radically departs from prevailing views and the satisfaction of exercising one's own ingenuity instead of applying or developing others' models.
In this book, Phelps tells the story of his role in reshaping economic theory, offering a powerful personal account of a creative and rewarding career. My Journeys in Economic Theory charts two major phases of Phelps's work, illuminating the breadth of his contributions to the field. First, introducing the expectations of wage setters and cofounding the "equilibrium" rate of unemployment, he built the microeconomic foundations for the employment theory pioneered by Keynes and Hicks. More recently, he conceived a theory of "mass flourishing" in which individuals' creativity and society's dynamism fuel grassroots innovation and generate job satisfaction in the process.
Phelps recounts his vivid experiences in the world of economics as well as his relationships with luminaries such as John Rawls, Thomas Nagel, Paul Samuelson, and Paul Volcker. At its core, this book shares the joy of intellectual achievement: the excitement of coming up with a new idea that radically departs from prevailing views and the satisfaction of exercising one's own ingenuity instead of applying or developing others' models.
Related to My Journeys in Economic Theory
Related audiobooks
The Corporation and the Twentieth Century: The History of American Business Enterprise Rating: 0 out of 5 stars0 ratingsConfronting Capitalism: How the World Works and How to Change It Rating: 0 out of 5 stars0 ratingsThe Rise and Decline of Nations: Economic Growth, Stagflation, and Social Rigidities Rating: 0 out of 5 stars0 ratingsMoney and Power: The World Leaders Who Changed Economics Rating: 5 out of 5 stars5/5How China Escaped the Poverty Trap Rating: 4 out of 5 stars4/5The Power of Creative Destruction: Economic Upheaval and the Wealth of Nations Rating: 4 out of 5 stars4/5The Essential Hayek (Essential Scholars) Rating: 5 out of 5 stars5/5Growth for Good: Reshaping Capitalism to Save Humanity from Climate Catastrophe Rating: 0 out of 5 stars0 ratingsUniversal Basic Income: What Everyone Needs to Know Rating: 0 out of 5 stars0 ratingsCivilizing the State: Reclaiming Politics for the Common Good Rating: 0 out of 5 stars0 ratingsA New Capitalism: Creating A Just Economy That Works for All Rating: 0 out of 5 stars0 ratingsFree Market: The History of an Idea Rating: 4 out of 5 stars4/5Optimizing Growth: Predictive and Profitable Strategies to Understand Demand and Outsmart Your Competitors Rating: 0 out of 5 stars0 ratingsKarl Marx and the Close of His System Rating: 0 out of 5 stars0 ratingsSeven Crashes: The Economic Crises That Shaped Globalization Rating: 0 out of 5 stars0 ratingsOn the Principles of Political Economy and Taxation Rating: 0 out of 5 stars0 ratingsWhy Politics Matters Rating: 0 out of 5 stars0 ratingsThe Wealth of Nations (Unabridged) Rating: 0 out of 5 stars0 ratingsThe China Dream: How the Aspirations of Government, Business, and People are Driving the Greatest Transformation in History Rating: 0 out of 5 stars0 ratingsA Political Theory for the Jewish People Rating: 0 out of 5 stars0 ratingsBeing Social: The Philosophy of Social Human Rights Rating: 0 out of 5 stars0 ratingsThe General Theory of Employment, Interest, and Money Rating: 5 out of 5 stars5/5Summary of Peter L. Bernstein's Against the Gods Rating: 0 out of 5 stars0 ratingsChina and the West: Crossroads of Civilisation Rating: 0 out of 5 stars0 ratingsSummary of Karl Polanyi's The Great Transformation Rating: 0 out of 5 stars0 ratingsJust Price in the Markets: A History Rating: 0 out of 5 stars0 ratingsKrugman- Nobel Prize in Economics Rating: 3 out of 5 stars3/5Public Opinion Rating: 0 out of 5 stars0 ratingsThe Theory of Moral Sentiments Rating: 0 out of 5 stars0 ratingsGrowth Theory: The Best Theories on Economic Growth and Development Rating: 0 out of 5 stars0 ratings
Personal Memoirs For You
Roxane Gay & Everand Originals: My Year of Psychedelics: Lessons on Better Living Rating: 4 out of 5 stars4/5The Woman in Me Rating: 5 out of 5 stars5/5Friends, Lovers, and the Big Terrible Thing: A Memoir Rating: 5 out of 5 stars5/5Enough Rating: 4 out of 5 stars4/5The Glass Castle: A Memoir Rating: 4 out of 5 stars4/5Hillbilly Elegy: A Memoir of a Family and Culture in Crisis Rating: 4 out of 5 stars4/5I'm Glad My Mom Died Rating: 5 out of 5 stars5/5Let's Tidy Up: The Book Rating: 4 out of 5 stars4/5Wishful Drinking Rating: 4 out of 5 stars4/5Sure, I'll Join Your Cult: A Memoir of Mental Illness and the Quest to Belong Anywhere Rating: 4 out of 5 stars4/5The Many Lives of Mama Love (Oprah's Book Club): A Memoir of Lying, Stealing, Writing, and Healing Rating: 5 out of 5 stars5/5Counting the Cost Rating: 5 out of 5 stars5/5On Writing: A Memoir Of The Craft Rating: 4 out of 5 stars4/5Sociopath: A Memoir Rating: 4 out of 5 stars4/5Bad Mormon Rating: 4 out of 5 stars4/5How Y'all Doing?: Misadventures and Mischief from a Life Well Lived Rating: 5 out of 5 stars5/5Becoming Free Indeed: My Story of Disentangling Faith from Fear Rating: 5 out of 5 stars5/5Yes Please Rating: 4 out of 5 stars4/5Making It So: A Memoir Rating: 5 out of 5 stars5/5Finding Me: A Memoir Rating: 5 out of 5 stars5/5Hustle Harder, Hustle Smarter Rating: 5 out of 5 stars5/5Roxane Gay & Everand Originals: Built for This: The Quiet Strength of Powerlifting Rating: 5 out of 5 stars5/5Too Much and Never Enough: How My Family Created the World's Most Dangerous Man Rating: 4 out of 5 stars4/5Good Girls Don't Rating: 4 out of 5 stars4/5See You on the Way Down: Catch You on the Way Back Up! Rating: 4 out of 5 stars4/5Dad at Peace Rating: 5 out of 5 stars5/5Roxane Gay & Everand Originals: Stand Your Ground: A Black Feminist Reckoning with America’s Gun Problem Rating: 3 out of 5 stars3/5Roxane Gay & Everand Originals Presents: Good Girl: Notes on Dog Rescue Rating: 5 out of 5 stars5/5You Could Make This Place Beautiful: A Memoir Rating: 4 out of 5 stars4/5
Reviews for My Journeys in Economic Theory
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews