Skip to content

Some of post-Keynesian price theory comes forth from the belief that universal competition is a bad assumption. I have all my life known that. So I have found it an unrewarding approach and have not paid much attention to it.

— Robert Solow Conversations with Economists (1983)

Another quote →

More quotes by Robert Solow

In the advanced economies, I would say: To avoid mass unemployment, poverty and widening inequality.

You can see the computer age everywhere but in the productivity statistics.

Everything reminds Milton of the money supply. Well, everything reminds me of sex, but I keep it out of the paper.

Another difference between Milton and myself is that everything reminds Milton of the money supply. Well, everything reminds me of sex, but I keep it out of the paper.

I think that this is Schumpeter’s main legacy to economics: the role of technological and organizational innovation in driving and shaping the growth trajectory of capitalist economies.

Heavy Thinker (2007)

All Robert Solow quotes →

Attribution

Quote text and notes from Wikiquote: Robert Solow (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.