Review

     Robert Solow wasn't satisfied with the explanation of economic growth offered by economists Roy Harrod and Evsey Domar.  His research at MIT led him to develop his own models of how economic growth takes place, incorporating a much more sophisticated model of technological progress.  His work has largely influenced the field economic growth, and for this work Solow received the 1987 Nobel Prize.  This work is a collection of lectures in which Solow attempts to explain (without too much mathematical jargon although this book is probably more useful to those in the field) his research.

    Not everyone can attend MIT to study under Solow, so this publication provides a unique way to access the lectures of the man who came up with a rigorous study of economic growth.   Topics covered include Solow's Nobel Lecture, Steady State Growth, Variable Capital/Output Ratios, Models, and Policy Implications.

-Daniel Hicks
Economic Analyst
theshortrun.com