A Quote by Edmund Phelps

Unemployment rates tend to rise and fall in roughly equal proportion at all rungs of the ladder, and that happened between 1973 and 1985.

Edmund Phelps

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Between Equal Fall Happened Ladder Proportion Rates Rise Rise And Fall Roughly Tend Unemployment Unemployment Rate

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Edmund Phelps
American - Economist
Born: July 26, 1933

The world has witnessed the rise and fall of monarchy, the rise and fall of dictatorship, the rise and fall of feudalism, the rise and fall of communism, and the rise of democracy; and now we are witnessing the fall of democracy... the theme of the evolution of life continues, sweeping away with it all that does not blossom into perfection.

Maharishi Mahesh Yogi

It's roughly the case that if systems become too complex to study in sufficient depth, physics hands them over to chemistry, then to biology, then experimental psychology, and finally on to history. Roughly. These are tendencies, and they tend to distinguish roughly between hard and soft sciences.

Noam Chomsky

However, for the man who studies to gain insight, books and studies are merely rungs of the ladder on which he climbs to the summit of knowledge. As soon as a rung has raised him up one step, he leaves it behind. On the other hand, the many who study in order to fill their memory do not use the rungs of the ladder for climbing, but take them off and load themselves with them to take away, rejoicing at the increasing weight of the burden. They remain below forever, because they bear what should have bourne them.

Arthur Schopenhauer

Stock price multiples are negatively correlated with real interest rates. As interest rates rise, the market multiple will fall.

Porter Stansberry

The Keynesian prescription for unemployment rests on the persistence of a 'money illusion' among workers, i.e., on the belief that while, through unions and government, they will keep money wage rates from falling, they will also accept a fall in real wage rates via higher prices.

Murray Rothbard

What's true for New York is true for most of the country: We are a long way removed from the double-digit interest rates and unemployment rates, and the soaring crime rates, of the early 1980s.

Max Boot

The ladder of success is best climbed by stepping on the rungs of opportunity.

Ayn Rand

We need a candidate who's going to be a fighter for freedom. Who is going to get up and make that the central theme in this race because it is the central theme in this race. I don't care what the unemployment rate's going to be. Doesn't matter to me. My campaign doesn't hinge on unemployment rates and growth rates.

Rick Santorum

Standing athwart ineffective, feel-good legislation shouting, 'Stop!' is seen as a betrayal of those struggling to get their footing on the lowest rung of the economic ladder. Yet raising the minimum wage hacks the lowest rungs off the ladder altogether. But economic logic doesn't wash with liberals who are intent on inflaming class warfare.

Angela McGlowan

If inflation is brought down, interest rates will fall. Once rates fall, we have the opportunity to maybe achieve the goal of 'housing for all' faster; take roads, infrastructure to India's interiors.

Piyush Goyal

Maths is like a ladder - if you miss the first few rungs, you can't jump up, so start with the basics.

Rachel Riley

I don't think, I will ever actually climb to the top of the ladder, as I am always adding more rungs.

Hattie Carnegie

Observe any meetings of people, and you will always find their eagerness and impetuosity rise or fall in proportion to their numbers.

Lord Chesterfield

Adventurers tend to prance about the ladder of success, fearing less the sensation of a great fall than the humility of hanging idle.

Mike Caro

A man must make of his life a ladder that he never ceases to climb -- if you're not rising, you are slipping down the rungs, my friend.

John Shirley

Neither machines, nor the commodities made by them, rise in real value, but all commodities made by machines fall, and fall in proportion to their durability.

David Ricardo

A Quote by Edmund Phelps

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