Edmund Phelps on Unemployment and the State of Macroeonomics

2010-02-15 · 75 min · episode 198 · 18 entities

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→ appeared on EconTalk podcast

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Edmund Phelps on Unemployment and the State of Macroeonomics
→ hosted by Russ Roberts person

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Feed author/publisher: Russ Roberts
→ hosted by Library of Economics and Liberty person

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→ discusses Society & Culture concept

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→ discusses Social Sciences concept

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→ discusses Courses concept

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concepts 12

mentioned Society & Culture concept

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Feed category: Society & Culture
mentioned Science concept

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mentioned Education concept

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Feed category: Education
mentioned Philosophy concept

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evidence rules-v4
Feed category: Philosophy
mentioned Social Sciences concept

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Feed category: Social Sciences
mentioned Courses concept

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Feed category: Courses
discusses Society & Culture concept

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evidence rules-v4
Feed category: Society & Culture
discusses Science concept

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evidence rules-v4
Feed category: Science
discusses Education concept

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evidence rules-v4
Feed category: Education
discusses Philosophy concept

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evidence rules-v4
Feed category: Philosophy
discusses Social Sciences concept

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evidence rules-v4
Feed category: Social Sciences
discusses Courses concept

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Feed category: Courses

persons 5

mentioned Russ Roberts person

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Feed author/publisher: Russ Roberts
mentioned Library of Economics and Liberty person

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Feed author/publisher: Library of Economics and Liberty
mentioned Edmund Phelps person

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evidence rules-v4
Edmund Phelps on Unemployment and the State of Macroeonomics
hosted by Russ Roberts person

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evidence rules-v4
Feed author/publisher: Russ Roberts
hosted by Library of Economics and Liberty person

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evidence rules-v4
Feed author/publisher: Library of Economics and Liberty

podcasts 1

appeared on EconTalk podcast

0.63 · ×2

evidence rules-v4
Edmund Phelps on Unemployment and the State of Macroeonomics

Episode description as stored

Nobel Laureate Edmund Phelps of Columbia University talks with EconTalk host Russ Roberts about the market for labor, unemployment, and the evolution of macroeconomics over the past century. The conversation begins with a discussion of Phelps's early contributions to the understanding of unemployment and the importance of imperfect information. Phelps put his contribution into the context of the evolution of macroeconomics showing how his models were related to those of Keynes, the Austrian School, and rational expectations. The conversation then turns to the issue of whether macroeconomics is making progress, particularly in understanding business cycles. The discussion concludes with the satisfactions of work and the role of creativity and dynamism.