Routledge Dictionary of Economics, Second Edition
Solow, Robert M., 1924– (B3)
A leading US capital and growth theorist, at SAMUELSON’S side in the CAMBRIDGE CONTROVERSIES. After a university education at Harvard, since 1950 he has spent his entire academic career at the Massachusetts Institute of Technology.
Some of his contributions to growth theory are evident in his text Growth Theory: An Exposition (1969). His NEOCLASSICAL position in capital theory emerges in his Capital Theory and the Rate of Return (1963). Later works included research into the economics of non-renewable resources. His major contributions to MACROECONOMICS earned him the NOBEL PRIZE FOR ECONOMICS in 1987.
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