In the Kingdom of Solovia: The rise of growth economics at MIT, 1956–70

Abstract

© 2015 by Duke University Press.From its flow tide, fueled by the Cold War, to its ebbing with the anti-growth movement and the economic crises of the early 1970s, the “growthmen” of MIT stood at the center of the dominant field in macroeconomics. The history of MIT growth economics is traced from Robert Solow’s seminal neoclassical growth model of 1956 through the stabilization of growth theory in the first graduate textbooks.