Robert Solow, Nobelist Who Tied Technology to Growth, Dies at 99

Robert Solow, an economics professor at the Massachusetts Institute of Technology who won a Nobel Prize for his analysis of how technology drives economic growth in developed nations, has died. He was 99.

Solow died on Thursday at his home in Lexington, Massachusetts, the New York Times reported, citing his son.

The Royal Swedish Academy of Sciences awarded Solow the 1987 Nobel in economics for developing a mathematical model for expanding production, part of a field that became known as growth accounting. “Solow’s growth model constitutes a framework within which modern macroeconomic theory can be structured,” the Nobel ...