Robert Solow

The long-run rate of growth of output per head is determined by the rate of technical progress and the rate of growth of the labor force.

There is no reason to believe that the natural rate of unemployment is a constant of nature.

You can see the computer age everywhere but in the productivity statistics.

The world can, in effect, get along without economics, but it can't get along without economists.

Economic growth is a complicated business. It's not just a matter of accumulating capital.

The main point of economic theory is to tell you what you can't do.

The future of economic growth depends on our ability to innovate and to apply new knowledge.

The problem with economics is that it's too much like physics and not enough like biology.

The purpose of economic policy is to make people better off, not to make the economy grow faster.

Technical progress is not just a matter of inventing new machines; it's also a matter of inventing new ways of organizing production.

The only way to have a sustainable economy is to have a growing economy.

Economics is not a natural science, but it's not just a matter of opinion either.

The most important thing about economic models is not whether they are true, but whether they are useful.

The market is a good servant but a bad master.

The distribution of income is not just a matter of economics; it's also a matter of ethics.

The real challenge for economics is to understand how institutions affect economic outcomes.

Growth is not an end in itself, but a means to an end: human well-being.

The role of government in the economy is not to replace the market, but to make it work better.

The most important thing I learned in economics is that everything is connected to everything else.

The history of economic thought is a history of mistakes.