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5 giorni fa · The writer is the Robert M Solow Professor of Economics emeritus at MIT. The story of Emmanuel Macron’s presidency, culminating in his decision on June 9 to dissolve the French national assembly ...
2 giorni fa · Fellow Nobel Laureate Robert Solow (1924- 2023) first quantitatively identified that the most important determinant of economic growth was technological change.
2 giorni fa · Fellow Nobel Laureate Robert Solow (1924-2023) first quantitatively identified that the most important determinant of economic growth was technological change. Kenneth Arrow (1921-2017) showed that markets by themselves do not yield efficiency in the production and dissemination of knowledge.
1 giorno fa · This prompted the now-infamous quip by Nobel-Laureate Robert Solow that one “can see the computer age everywhere but in the productivity statistics”. However, by the mid-1990s the effects had become visible in the data, and over the second half of the decade US productivity expanded at roughly double the pace it did in the 1980s.
5 giorni fa · It’s long been an accusation of the digital economy that it hasn’t tended to translate into the kind of productivity improvements that feed their way into GDP growth. Indeed, economist Robert Solow famously said in 1987 that the computer age was everywhere except for the productivity statistics.
4 giorni fa · However, in 1960, eminent American economists Paul Samuelson and Robert Solow noted that no American study had confirmed a link between unemployment and inflation. They proceeded to undertake such a study. Samuelson and Solow concluded that for the US to enjoy zero inflation, unemployment would have to lie between 5% and 6%.
1 giorno fa · 65. The Worldly Philosophers — Robert Heilbroner. 66. The Clash of Economic Ideas — Lawrence H White. 67. Capital-Labor Substitution and Economic Efficiency — Kenneth Arrow, Hollis Chenery, Bagicha Singh Minhas and Robert Solow. 68. Room 666 — Wim Wenders. 69. Laapataa Ladies — Kiran Rao. 70.
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