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Innovation and Morality in Economics

Phelps, Edmund S.

The issue of morality in economics is neither the fairness of income distribution nor the stability of financial systems. It is how human institutions can be shaped to correspond to human nature—to man’s nature as an innovator.

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More About This Work

Academic Units
Center on Capitalism and Society
Economics
Publisher
Center on Capitalism and Society, Columbia University
Series
Center on Capitalism and Society Working Papers, 41
Published Here
September 22, 2017
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