A Quote by Edmund Phelps

It was gradually learned that acceptance of a somewhat higher inflation rate would not really bring somewhat higher employment. — © Edmund Phelps
It was gradually learned that acceptance of a somewhat higher inflation rate would not really bring somewhat higher employment.
If you continue to use monetary policy to attempt to promote full employment the result would be that you would have higher inflation, and that you would not have lower unemployment.
The difficulty for Mr. Obama will be when the public sees where his decisions lead - higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery.
You can't continue to have higher education tuition grow at a multiple of the rate of inflation.
Very few countries grow at high rate if inflation is high and volatile. I think, in a way, we are doing our bit to support a higher growth rate, but on a durable basis.
There's no musical landscape to poetry. It has somewhat of a higher standard than songs, I think.
The higher interest and higher inflation is a vicious cycle.
Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required.
I would like to play some character that's somewhat dramatic. I don't see myself ever becoming that serious, or it sounds weird, but I don't see myself doing something that's really dramatic but somewhat dramatic. I would like to do something that's more real and doesn't have to be laugh out loud funny. I always like whatever I'm involved in... whether it be funny or whether it be somewhat like... I'm not gonna try to get people to really cry.
As a novelist, I have a somewhat higher soapbox to stand on than most people do when it comes to talking back to the merchants of fear.
Inflation, especially a slow steady rise in prices, encourages producers, because it means that they can commit themselves to costs of production on one price level and then, later, offer the finished product for sale at a somewhat higher price level. This situation encourages production because it gives confidence of an almost certain profit margin.
It is a union with a Higher Good by love, that alone is endless perfection. The only sufficient object for man must be something that adds to and perfects his nature, to which he must be united in love; somewhat higher than himself, yea, the highest of all, the Father of spirits. That alone completes a spirit and blesses it, - to love Him, the spring of spirits.
The rung of a ladder was never meant to rest upon, but only to hold a man's foot long enough to enable him to put the other somewhat higher.
Only animals have to satisfy instincts! Surely your aims are somewhat higher than theirs! Than monkeys! Pigs!
I guess I'm attracted and repelled by isolation. It scares me. And it's why I tend to write about older characters, too, because for them the stakes are somewhat higher.
I guess Im attracted and repelled by isolation. It scares me. And its why I tend to write about older characters, too, because for them the stakes are somewhat higher.
In this world, who can do a thing, will not; And who would do it, cannot, I perceive: Yet the will's somewhat — somewhat, too, the power — And thus we half-men struggle.
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