Research Professor of Sociology at the University of California, Davis
The world is being held hostage to bad measurement practices because official economic statistics fail to include outlays to improve the skills and capacities of the labor force. This piece draws on arguments developed in his book, The Habitation Society: Creating Sustainable Prosperity (Agenda Publishing) forthcoming in February 2025.
To get out of the crisis we need to think about radical reforms that produce a greener and more equitable form of capitalism
Edmund Phelps’s new book ignores the key role that states play in making innovation happen