Saturday, October 26, 2019

Stray Thoughts: Nobel Laureate Robert Solow’s Predictions for the Next Century | The MIT Press Reader



Robert Solow (economics Nobel laureate of 1987), another of the many all too dismal economist. His essay is so banal and trivial! If I had to grade it, it would be an F (failed). Solow, incomprehensibly, omitted so many important aspects that will drive the next hundred years (e.g. enormous medical progress (e.g. cancer is history, gene editing etc.), fast economic development of Africa, shrinking world population, almost unprecedented technological progress and much faster adoption of new technologies etc.). Solow’s discussion is mired in the economic jargon of the 1960 as if senility as clouded his mind! Indeed, not much more than stray thoughts!

Stray Thoughts: Nobel Laureate Robert Solow’s Predictions for the Next Century | The MIT Press Reader: A leading economist considers such topics as the effects of climate change on economic growth, the rise of income inequality, and the shifting work year.

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