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Edmund Phelps, Who Upended the Way We View Inflation, Dies at 92

TNYT·May 18 ago·3 min read
Photograph via The New York Times
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He won a Nobel in 2006 for challenging the conventional wisdom among economists that higher inflation was a necessary price to pay for low unemployment.

He won a Nobel in 2006 for challenging the conventional wisdom among economists that higher inflation was a necessary price to pay for low unemployment.

He won a Nobel in 2006 for challenging the conventional wisdom among economists that higher inflation was a necessary price to pay for low unemployment.

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