"Why Is Unemployment So High"
Lecture: W.P. Carey Lecture "Why Is Unemployment So High" with Robert Solow — Robert M. Solow, a professor emeritus of economics at the Massachusetts Institute of Technology, was awarded the 1987 Nobel Prize in Economic Sciences for his important contributions to theories of economic growth. In the 1950s, Solow developed a mathematical model illustrating how various factors can contribute to sustained national economic growth. Contrary to traditional economic thinking, he showed that advances in… Show more
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