Edmund Phelps Quotes
A nation's economy is more than its markets, tastes, technologies and property rights.

Quotes to Explore
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Nobody can prepare you for the loss of a parent.
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The point is to change one's life. The point is not to give some vent to the emotions that have been destroying one; the point is so to act that one can master them now.
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I could not write about 'ordinary people' because I am not in the least interested in them.
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I don't want to lose my legs, you know. I don't want to be wheeled around in a wheelchair. I don't want to be attached to a catheter. I saw all that stuff happen to my father, and as much as it upset me because I loved my father so much, it also really traumatized me.
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When people arrive at El Bulli, everybody goes through the kitchen. It's a way of making them feel at home. When they leave, the only thing I ask is whether they've been happy. Everything in between, I don't particularly care.
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The most inspiring objects are books. I have about 5,000 volumes in my home library. It's an unending source of visuals and ideas.
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Cosmic terror appears as an ingredient of the earliest folklore of all races and is crystallised in the most archaic ballads, chronicles, and sacred writings.
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I went to Antarctica on a science research boat just to sort of clear my head.
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As I've always said: The future lies ahead.
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I don't speak Spanish, I speak a little of Italian but no Spanish.
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If you go to an elite school where the other students in your class are all really brilliant, you run the risk of mistakenly believing yourself to not be a good student.
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My grandmother's first husband was a spiritualist medium. What fascinates me about that is the balance between conviction and sincerity and trickery, which is also something that novelists are very familiar with.
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I think I have a passion for playing the game. I love to play, and I want to play at a high level. You have to do the right things in order to continue at that level.
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I think I'm bad luck for Tiger because he missed the cut in Charlotte with me. But yeah, those are two of the best players of all time. Tiger's the best player of all time in my opinion, so when he's not in the field, it's a relief because he's such a great player.
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Armenian folklore has it that three apples fell from Heaven: one for the teller of a story, one for the listener, and the third for the one who 'took it to heart.' What a pity Heaven awarded no apple to the one who wrote the story down.
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But what I really like are old Hollywood movies. Very often I watch AMC.
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I don't go on lunch dates with friends. I hear about people having dinner parties, but I never do that. I'm not really human.
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If I am pushed I will push back, that is the way I am. I am very British. We don't like to be pushed around. When the chips are down we might have to step into grey areas.
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The deplorable thing is that the people who were tortured yesterday, torture today.
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I think back a little bit when President Bush was elected President and what kind of economy he inherited from the Clinton administration. The economy was going down. It was not doing well.
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I do not believe in supporting bailouts without strong ramifications. It is a fool’s fantasy to think we can live in a globally connected economy and never have a situation arise where the government prudently steps in to prevent a failure that might lead to catastrophic ramifications. In most cases, I believe it would be much better to let bailed-out companies fail when they have mismanaged themselves, rather than waste taxpayer money propping up greedy idiots who are trying to salvage their own bonuses; however, there are exceptions to almost every rule. The wiser course would be to penalize the CEO or board of directors who drove the company to the brink of failure. The most obvious punishment would be the elimination of any “golden parachutes” or bonuses for the executive and seizure of all company-derived assets, including any attempts to hide company assets in the spouse’s name. When C-level executives come to the realization that managing a company is not a game and that there are serious consequences for their actions, we will see fewer instances of requests for bailouts.
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Mildred Pierce was capable of great acts of love as a mother.
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You know, trust in the press, polls show - from Pew and other places - have gone down significantly over the years. Maybe the press doesn't have that much ability to frame people's decisions.
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A nation's economy is more than its markets, tastes, technologies and property rights.