Robert Solow

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Robert Solow


Born
in Brooklyn, The United States
August 23, 1924

Died
December 21, 2023

Genre


Robert Merton Solow was an American economist who received the Nobel Memorial Prize in Economic Sciences for the development of a mathematical model for economic growth. He based his model on the earlier Harrod-Domar model but incorporated a significant difference in his own model. This difference lay in the fact that Solow assumed that full employment could be achieved by adjusting the wages given to the workforce. His theory totally contradicted the earlier theory that the economy was facing a great crisis. He soon followed with another theory that labor and capital were not the only two factors required for economic growth as was believed by economists till then. He suggested that a third factor has to be considered if the rate growth is ...more

Average rating: 3.78 · 449 ratings · 39 reviews · 58 distinct works
Economics for the Curious: ...

3.49 avg rating — 47 ratings — published 2014 — 8 editions
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Growth Theory: An Exposition

3.87 avg rating — 23 ratings — published 1970 — 19 editions
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Learning from ‘Learning by ...

4.27 avg rating — 15 ratings — published 1997 — 2 editions
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Work and Welfare

4.25 avg rating — 12 ratings — published 1998 — 7 editions
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Inflation, Unemployment, an...

4.33 avg rating — 9 ratings — published 1998 — 8 editions
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Monopolistic Competition an...

4.40 avg rating — 5 ratings — published 1998 — 5 editions
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Economists

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it was amazing 5.00 avg rating — 4 ratings2 editions
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An Almost Practical Step To...

3.67 avg rating — 3 ratings — published 1998 — 7 editions
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The Rate of Return and the ...

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3.33 avg rating — 3 ratings
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Os Desafios da Economia

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Quotes by Robert Solow  (?)
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“A Milton todo le recuerda la oferta monetaria. Bien, a mí todo me recuerda el sexo, pero no lo pongo por escrito.”
Robert Solow

“The world can, in effect, get along without natural resources.”
Robert Solow

“I have a chronic deficit with my barber, who doesn't buy a darned thing from me.”
Robert Solow