Search results
4 days ago · Robert Solow was awarded the Nobel Prize for Economic Sciences for his work in the 1950’s identifying technology and related innovation as the key to boosting the economic growth of a country. Fast forward to the early noughties.
4 days ago · In 1987, the Nobel Prize-winning economist Robert Solow bemoaned, opens new tab the fact that “you can see the computer age everywhere but in the productivity statistics." The ...
1 day ago · Robert Solow. Key Work: Solow Growth Model; Contribution: Developed the neoclassical growth model which showed that long-term economic growth is driven by technological progress and capital accumulation. Joseph Schumpeter. Key Work: "Capitalism, Socialism and Democracy"
3 days ago · The Phillips curve and the neoclassical synthesis of the 1960s led Robert Solow to proclaim at the time that ‘Macroeconomics is finished’ (Solow quoted by Mankiw in Ec 2010c lecture, 1986). The rational expectations revolution and the Great Inflation of the 1970s meant that Mark Twain would describe the ‘reports of [that death]…greatly exaggerated’.
5 days ago · The distinguished American economist Robert Solow argued that for economic growth to be sustainable, the present generation has a moral obligation to “conduct ourselves so that we leave to the ...
1 day ago · In 1987, the Nobel Prize-winning economist Robert Solow bemoaned the fact that "you can see the computer age everywhere but in the productivity statistics."
5 days ago · But, like the computer before it, AI may involve a paradox similar to the one made famous by the economist Robert Solow: “You can see the computer age everywhere but in the productivity statistics.” The dawn of the computer era saw information and communication technology (ICT) profoundly alter our personal lives and the economy.
