Solow, Robert M.

Solow, Robert M., 1924–, American economist, b. Brooklyn, N.Y., grad. Harvard (B.A. 1947, M.A. 1949, Ph.D. 1951). He began teaching economics at the Massachusetts Institute of Technology in 1949. Solow also held several governmental positions, including those of senior economist for the Council of Economic Advisers (1961–62) and member of the President's Commission on Income Maintenance (1968–70). His scholarly works are in the fields of employment and growth policies, and the theory of capital. In 1987, he received the Nobel Memorial Prize in Economic Sciences.