Edmund Phelps Quotes
There would be plenty of justification to raise revenues in order to subsidize businesses that employ low-wage workers. But there can be no justification for pandering to the economy's entire bottom half merely to attract its votes.

Quotes to Explore
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Nobody can prepare you for the loss of a parent.
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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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Art has nothing to do with politics. It is the freest thing in the world.
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They talk about those All-Star Games being exhibition affairs, and maybe they are, but I've seen very few players in my life who didn't want to win, no matter whom they were playing or what for.
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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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I remember people saying: 'You look funny, your hair is so black, you have a flat nose,' but I didn't think of it being racism, and I still don't. But there was a sense of difference, of being an outsider.
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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 don't speak Spanish, I speak a little of Italian but no Spanish.
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Having been governor of New Mexico, I know that legislation gets passed to benefit those who have money and influence. Then they buy more money and influence. That's one reason why, as governor, I vetoed more than 750 bills and thousands of line items. I did it to keep crony capitalism away from government.
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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 first album is like a terrible John Hammond album, with drums.
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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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I went over to shoot for six days. It turned out to be ten days, very nicely so. A little money.
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If you look at the beginning of this country, when the pilgrims came to this country, the first year they had a communistic experiment. They said, 'OK, we're going to take the land, we're going to work the land together and share in the fruits of our labor.' They almost starved to death. Almost half of them died that first year.
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I was stationed at a marine recruit depot in San Diego from 1965 to 1967.
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You cannot be seeking yourself when you're making money.
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Hollywood forgets easily. I want to be fulfilled and challenged.
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The thermodynamic properties of electrolyte solutions can be determined from the measurements of the voltage between electrodes reversible to both ions.
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The older view of the nature of heat was that it is a substance, very fine and imponderable indeed, but indestructible, and unchangeable in quantity, which is an essential fundamental property of all matter.
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I learned about the market's power when I was traded to the Buffalo Bills for $100.
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The Central Bank should take into account other things as well: the stability of the bank system in the country, the increase or decrease of money supply in the economy, its influence on inflation.
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There would be plenty of justification to raise revenues in order to subsidize businesses that employ low-wage workers. But there can be no justification for pandering to the economy's entire bottom half merely to attract its votes.