SOLOW, Robert M.

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Growth Theory and After. First separate edition of Solow's Nobel lecture, signed by him on the front wrapper and again on the first text page. Solow was awarded the 1987 Nobel Prize in economics "for his contributions to the theory of economic growth". In his lecture, he argued capital accumulation alone cannot sustain long-term increases in living standards, only technological progress.The separate edition is offprinted from its appearance in the collected volume of the 1987 Nobel speeches.

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