Law at the university of california, berkeley. And your moderator for this evenings program. Im delighted to introduce my friend and colleague in the field of economics, doctor edmund phelps. He was the 2006 Nobel Laureate in economics and is the author of many books including a new one called mass flourishing how grassroots innovation created jobs, challenge, and change. This book examines modern economics and what makes nations prosper. And why the sources of that prosperity are under threat today. Net phelps teaches economics and is the director of the center on capitalism and society at columbia university. He has lost at the sources of Economic Growth in the causes of unemployment. On announcing his nobel prize, the committee specifically said his task breaking work on economics between inflation and unemployment and on the well being of current versus future generations. He is also known for the threat of this approach to economics drawing as does in this book on important contri