David Henderson is a research fellow at Stanford University’s Hoover Institution and the editor of the Concise Encyclopedia of Economics. He is also an emeritus professor of economics with the Naval Postgraduate School. Today, we talk about another famous economist who has recently passed, Robert Solow. Henderson tells us about the Solow model, a still relevant model used in macroeconomics relating to economic growth, and we discuss its origin and its flaws. He talks to us about Solow’s career, his reputation, and his attitude (Solow had a career-long grudge against Milton Friedman). Henderson leads us on a multi-media experience, where he reads us quotes from a book containing and interview of Solow about Friedman, and you can listen to it here, on the podcast!
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