Robert M. Solow

References

http://en.wikipedia.org/wiki/Robert_Solow
- Robert Merton Solow (born August 23, 1924) is an American economist particularly known for his work on the theory of economic growth that culminated in the exogenous growth model named after him. He was awarded the John Bates Clark Medal (in 1961) and the 1987 Nobel Memorial Prize in Economic Sciences.

(Solow, 1987) ⇒ Robert Solow. “We’d Better Watch Out." Review of SS Cohen and J. Zysman, "Manufacturing Matters: The Myth of the Post-Industrial Economy" in New York Times Book Review, 36.
- QUOTE: ... I do fault them for one cop-out. One of their central beliefs is that there has been a Revolution in manufacturing, its name is Programmable Automation, and that American industry has failed to capitalize on it. That may even be so. But then they go on, "We do not need to show that the new technologies produce a break with past patterns of productivity growth. ... [That] would depend not just on the possibilities the technologies represent, but rather on how effectively (hey are used." What this means is that they, like everyone else, are somewhat embarrassed by the fact that what everyone feels to have been a technological revolution, a drastic change in our productive lives, has been accompanied everywhere, including Japan, by a slowing-down of productivity growth, not by a step up. You can see the computer age everywhere but in the productivity statistics. ...

(Dorfman et al., 1958) ⇒ Robert Dorfman, Paul Anthony Samuelson, and Robert M. Solow. (1958). “Linear programming and economic analysis." Courier Dover Publications.

(Solow, 1957) ⇒ Robert M. Solow. (1957). “Technical change and the aggregate production function." The review of Economics and Statistics 39(3).