Nobel Laureate Economist Robert M. Solow Dies at 99
Solow's Groundbreaking Work on Technology's Role in Economic Growth Influenced Government Policies on Education and Research
- Robert M. Solow, a Nobel laureate in economics known for his work on the impact of technology on economic growth, has passed away at the age of 99.
- Solow's research, which emphasized the role of technological progress in economic growth, significantly influenced governmental emphasis on higher education and technological research.
- Throughout his career, Solow taught at the Massachusetts Institute of Technology (MIT) and mentored several future Nobel laureates.
- Solow served as a senior staff economist on President Kennedy’s Council of Economic Advisers and was a proponent of the Keynesian theory of government intervention in the economy.
- In addition to his academic contributions, Solow was known for his wit, lucid writing, and public-spiritedness.