Edmund Phelps Quotes

The fallacy of the neoclassicals is their tenet that total employment, though hit by shocks, can be said always to be heading back to some normal level.

Edmund Phelps

• Always
• Said
• Employment

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• The fallacy of the neoclassicals is their tenet that total employment, though hit by shocks, can be said always to be heading back to some normal level.

  

  Edmund Phelps
  • Always
  • Said
  • Employment