His elegant work established that the main determinant of economic growth was technology, not growing capital and labor. By Robert D. Hershey Jr. and Michael M. Weinstein Robert M. Solow, who won a ...
Nobel laureate Robert Solow, credited as the founder of the modern model of economic growth, died on Thursday at the age of 99. Through his writings in the 1950s, Solow challenged traditional thinking ...
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Beyond Solow: Rethinking growth in the age of AI
Long-run economic growth hinges on technological progress, a core insight of Robert Solow's renowned Growth Model. The model argues that once an economy reaches a "steady state," growth can't be ...
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