VoxEU Video

Innovation, inequality and economics - Vox Views with Edmund Phelps and Mark Thoma

At the Lindau meeting of Nobel laureates and young economists this week, Edmund Phelps argued that a loss of dynamism in the western world is stalling innovation, reducing productivity growth and threatening future prosperity. In this wide-ranging interview with Mark Thoma, they discuss his ideas, as well as inequality, austerity and graduate economics education.