Macroeconomics would not be what it is today without Edmund Phelps. This book assembles the field's leading figures to highlight the continuing influence of his ideas from the past four decades. Addressing the most important current debates in macroeconomic theory, it focuses on the rates at...

"In this engaging and fascinating memoir, Ned Phelps not only recounts the endeavors of how he reshaped the field, it details the relationships he formed with influential economists like Paul Samuelson, with philosophers like John Rawls, and eminent artistic figures of the 20th centuries....

This book originated from a 2010 conference marking the fortieth anniversary of the publication of the landmark "Phelps volume," Microeconomic Foundations of Employment and Inflation Theory, a book that is often credited with pioneering the currently dominant approach to macroeconomic analysis....

In "Unpacking the Household: Informal Property Rights Around the Hearth" (Yale Law Journal, 2006) Robert Ellickson argues that as long as members of a household expect their relationship to continue, norms, rather than law, will determine allocations among them. More specifically, Ellickson...

Does joint taxation disadvantage women? To answer that question, this article begins by reviewing bargaining models of intrafamily allocation and discussing the determinants of 'bargaining power'. It argues that wage rates rather than earnings are determinants of bargaining power, and that...