Remembering Robert M. Solow: The Nobel-winning Economist Who Shaped Economic Theory
Robert M. Solow, the groundbreaking economist and Nobel laureate, has passed away at the age of 99. Solow's influential work emphasized that technological advancements, rather than increases in capital and labor, were the primary drivers of economic growth. He taught at MIT and played a significant role in shaping economic analysis and policymaking. Solow's research and mentorship also helped launch the careers of several future Nobel laureates. He received numerous accolades, including the John Bates Clark Medal, the National Medal of Science, and the Presidential Medal of Freedom.