Knowing and Making

I have complimented Robert Solow before on this blog (as if he needs my praise) but I think it's time to link again - via Mark Thoma - to a speech he wrote in 2003. This says, concisely and persuasively, most of what the macroeconomic doubters have been talking about for the last few months. And six years ahead. Impressive. http://economistsview.typepad.com/economistsview/2009/08/solow-dumb-and-dumber-in-macroeconomics.html

It's hardly news - he got the prize in 1987 - but I was searching for something recently and came across this . It makes a pleasant read, and those interested in the economics of growth may enjoy reminding themselves of some of Solow's work in a lucid, nicely-written piece.