Technological Progress and Economic Growth
Renowned economist Robert Solow discusses the role of technological progress in economic growth and its relationship to saving and investment. He shares insights from his model and empirical research, including a comparison of the Soviet Union and the United States. Solow explains how technological progress drives increases in income per person and elaborates on the origins of technological change. This episode provides a fascinating exploration of the factors that contribute to economic growth.In this clip
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Robert Solow on Growth and the State of Economics
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