Book notes: My journeys in economic theory, by Edmund Phelps
Six decades of the Nobel Prize-winner’s thoughts – from micro-foundations of macro theory to the possibilities beyond working, saving and investing
Edmund Phelps, My journeys in economic theory, Columbia University Press, 2023, 248 pages
Very few people – if any – have influenced economic thinking in the last six decades more than Edmund S Phelps. In July, the Nobel Prize-winner turned 90, providing a good occasion to look back at his achievements. There is no better way to do so than reading his latest book, in which he summarises his own contributions to economic theory, interspersed with reflections on all the other things that make
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