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Journal of Economic Literature: Vol. 52 No. 1 (March 2014)

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A Flourishing Economist: A Review Essay on Edmund Phelps's Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change

Article Citation

Mokyr, Joel. 2014. "A Flourishing Economist: A Review Essay on Edmund Phelps's Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change." Journal of Economic Literature, 52(1): 189-96.

DOI: 10.1257/jel.52.1.189

Abstract

In his recent Mass Flourishings, Edmund Phelps makes a strong and eloquent plea for a more dynamic economy, which he sees not only as a key for economic performance, but also as necessary for what he calls "the good life." This review essay evaluates those claims in the light of economic history.

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Authors

Mokyr, Joel (Northwestern U)

JEL Classifications

E02: Institutions and the Macroeconomy
N00: Economic History: General
O10: Economic Development: General
O30: Technological Change; Research and Development; Intellectual Property Rights: General
P16: Capitalist Systems: Political Economy


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