Quote #173,077
"I just think that the Europeans are depriving themselves of a high-employment economy, and they are ..." — Edmund Phelps
I just think that the Europeans are depriving themselves of a high-employment economy, and they are depriving themselves of intellectual stimulation in the workplace - and personal growth - by sticking to the stultifying, rigid system that I call corporatism.
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View AllAs a grandson of farmers in downstate Illinois, I have long admired the dedication of farmers to their work and have written about the role of agriculture in American innovation.— Edmund Phelps