Robert M. Solow – Prize Lecture – NobelPrize.org https://www.nobelprize.org/prizes/economic-sciences/1987/solow/lecture/
Growth theory, like much else in macroeconomics, was a product of the depression
Growth theory, like much else in macroeconomics, was a product of the depression
graduate school at Cornell and the nation was still in the aftermath of the Great Depression
He had steady employment during the Depression, and he and my mother, who married
The First World War took place while they were teenagers, then the Depression struck
But, of course, during the great depression wages and prices had fallen considerably
Samma år upptäcker Ben Bernanke hur bankkonkurser påverkade den stora depressionen
In economics, that damage can take the form of financial crises and economic depressions
Prosperities and depressions, these large movements in relative levels.
He wrote another book in 1936 about stimulus policy for depressions.
Prosperities and depressions, these large movements in relative levels.