Discover Robert M. Solow's contributions to economics, including the Solow-Swan Model and the Solow Residual, plus his Nobel Prize-winning work on economic growth.
My colleague, Frances Coppola, and I are having a back and forth on how, or how not, the sharing economy contributes to economic growth. All most fun including the usual taunting in Twitter and so on.
Tying together two recent posts, once you understand that GDP growth isn’t all there is to human progress you can see another problem with Robert Gordon’s techno-pessimism namely that he bounces back ...
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, ...
Ensconced in a lorry, hidden from the enemy by the brow of a hill, the young Robert Solow decoded the radio signals of Nazi platoons across Italy. “We were very, very good at it,” he said. The trick ...
The Solow residual Ironically, Solow himself was surprised by the size of the residual and its importance in accounting for growth, even though a central prediction of his model is that long-run ...