Quote by Robert Solow
"I have spent much of my career trying to understand why some nations prosper while others stagnate, and the answers are far from obvious."
"I have spent much of my career trying to understand why some nations prosper while others stagnate, and the answers are far from obvious."
"A higher standard of living means consuming more goods and services. But it also means having more leisure time, better health, better education, a cleaner environment, safer cities, and more equality of opportunity."
"Technical progress is something that happens in the economy, but the rate at which technical progress happens is not entirely determined by the pace at which new ideas are invented."
"The most important thing to understand about economic growth is that it is not a natural process."
"Productivity isn't everything, but in the long run it is almost everything."