The Department of Economics The Grunberg Lecture Series Sixth Grunberg Lecture - April 23, 1993
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Professor Robert Solow
Massachusetts Institute of Technology
Nobel Prize winner in Economics, 1987
"How Low Can Unemployment Get?
The Nobel committee cited Professor Solow's work in identifying the factors important to economic growth. His work showed the significance of technological change in the growth process. Professor Solow specializes in macroeconomics, growth theory, and the theory of natural resource use. He has served as Senior Economist to the President's Council of Economic Advisers, has been a board member or adviser to the Public Interest Economics Center, the National Bureau of Economic Research, the Federal Reserve Bank of Boston, and the Sierra Club.
Some of the books for which he is most noted include Capital Theory and the Rate of Return (1963); Growth Theory: An Exposition (1970); Made in America: Regaining the productive Edge (1989, with M. Dertouzos, R. Lester and the MIT Commission on Industrial Productivity); and The Labor Market as a Social Institution (1990).
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(Click a lecture for
more information.)
- The First Lecture, 1988, Herbert A. Simon (Nobel 1978)
- The Second Lecture, 1989,
William Cooper (Von Neumann Medal
1982)
- The Third Lecture, 1990,
Franco Modigliani (Nobel 1985)
- The Fourth Lecture, 1991,
Richard Cyret
- The Fifth Lecture, 1992,
James Tobin (Nobel 1981)
- The Sixth Lecture, 1993, Robert Solow (Nobel 1987)
- The Seventh Lecture, 1994, Kenneth Arrow (Nobel 1972)
- The Eight Lecture, 1995, Lawrence Klein (Nobel 1980)
- The Ninth Lecture, 1996, Harry M. Markowitz (Nobel 1990)
- The Tenth Lecture, 1997, Douglas C. North (Nobel 1993)
- The Eleventh Lecture, 1998, James A. Mirrlees (Nobel 1996)
- The Twelfth Lecture, 1999, Robert W. Fogel (Nobel 1993)
- The Thirteenth Lecture, 2000, Herbert A. Simon (Nobel 1977)
- The Fourteenth Lecture, 2001, Joseph Stiglitz (Nobel 2001)
- The Fifteenth Lecture, 2002, James A. Heckman (Nobel 2000)
- The Sixthteenth Lecture, 2004, Vernon L. Smith (Nobel 2002)
- The Seventeenth Lecture, 2006, Finn Kydland (Nobel 2004)
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