Robert Solow

Robert SolowIn hmolscience, Robert Solow (1924-) is an American economist noted for []

In 1956, Solow developed a model of economic growth, aka “Solow model” (Ѻ), as cited by Jurgen Mimkes (2016), according to which income is a function of capital and labor.

In 1985, Solow, in his “Economic History and Economics”, as cited by Philip Mirowki, staged his opinion that only the best economists do social physics; his quote on this is as follows: [1]

“My impression is that the best and brightest of the profession proceed as if economics is the physics of society… If the project of turning economics into a hard science could succeed, then it would surely be worth doing.”

The term "physics of society", to note, is a common phrase used by Philip Ball during his 2001 to 2004 physics of society lectures. [2]

On the blocking of Paul Samuelson by Harold Burbank from getting a post at Harvard, as discussed in the Harvard Pareto circle, Solow commented: “You could be disqualified for a job if you were either smart or Jewish or Keynesian. So what chance did this smart, Jewish Keynesian have?” [3]

The following are other relevant quotes:

“Everything reminds Milton Friedman of the money supply. Everything reminds me of sex, but I try to keep it out of my papers.”
— Robert Solow (1966), on Friedman’s ideas and his own, in a series of papers at 1966 conferences (Ѻ)

1. (a) Solow, Robert. (1985). “Economic History and Economics”, American Economic review, 75:328-31.
(b) Mirowski, Philip. (1989). More Heat than Light: Economics as Social Physics, Physics as Nature’s Economics (pg. 354). Cambridge University Press.
2. (a) (a) Ball, Philip. (2001). “The Physical Modeling of Society: A Historical Perspective”; A Talk Presented at Messina, Sicily; Published in Physica A 314, 1-14 (2002).
(b) Ball, Philip. (2003). “The Physics of Society”, A talk Delivered at the London School of Economics, March.
(c) Ball, Philip. (2004). “The Physical Modeling of Human Social Systems”, A Review in ComPlexUs, 1, 190, Nov.
3. Hoffman, Allison. (2009). “Economist Paul Samuelson Dead at 94: Smart, Jewish Keynesian Somehow Succeeded” (Ѻ),, Dec 14.

Further reading
● Mimkes, Jurgen. (2010). “Stokes Integral of Economic Growth: Calculus and Solow Model” (abstract), Physica A, 389: 1665-76.

External links
Robert Solow – Wikipedia.

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