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Global Reach

Global Reach

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July 10th 2014: Mass Flourishing: Nobel Laureate Edmund Phelps on how nations create prosperity, dynamism& innovation; how they lose it—and how to get it back

What makes nations “flourish”? Nobel Prize-winning economist Edmund Phelps pinpoints the modern values in the West that fueled widespread innovation by empowering millions of people to think of, develop, & market innumerable new products & processes. Such dynamic grassroots innovation in turn created not just material wealth, but meaningful work, self-expression, & personal growth for growing numbers of its citizens —i.e. “mass flourishing.” But now, Phelps argues in “Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, & Change,” the sources of that prosperity are in danger. W

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Featured Guests

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Edmund Phelps

Edmund Phelps is McVickar Professor of Political Economy at Columbia University and Director of its Center on Capitalism and Society.
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Charles E.M. Kolb

Charles Kolb was President of the French-American Foundation—United States, located in New York City, from August 2012 until August 2014.
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