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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Don't rule out working with your hands. It does not preclude using your head.
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Your path lies across the stars.
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In God's economy, nothing is wasted. Through failure, we learn a lesson in humility which is probably needed, painful though it is.
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As an author, you think you know where the good parts and the bad parts are. And then you read to a group of children, and you learn when you're boring them, and you hurry through those sections to get to the parts where they're interested again. You start to get a sense of your story's rhythm and flow.
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Human beings have fabricated the illusion that in the 21st century they have the technological prowess to be independent of nature. Bees underline the reality that we are more, not less, dependent on nature’s services in a world of close to seven billion people.
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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.