President Barack Obama presents the Medal of Freedom to economist Robert Solow during a ceremony in the East Room of the White House on Nov. 24, 2014 in Washington, D.C. (MANDEL NGAN/AFP via Getty ...
Solow’s work has had a profound impact on global policymaking, especially on East Asia’s so-called ‘tiger’ economies during their take-off. (Bloomberg) The recent passing of legendary MIT economist ...
In May 2011, we presented 1000 arguments against the Solow growth model, which states that the rate of change in real GDP per capita must approach some constant level. Here we present new arguments ...
HE doesn’t use e-mail—yet his name is inextricably linked with technological progress. An avid sailor who never strays far from shore, Robert Solow is one of the most adventurous minds in economics, ...
Why must China maintain high economic growth? Firstly, countries with growing populations must have economic growth, otherwise they fall into the Malthusian trap. If economic growth stops, there would ...