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Paul Michael Romer is an American economist and policy entrepreneur who is a Seidner University Professor in Finance at Boston College. Romer is best known as the former Chief Economist of the World Bank and for co-receiving the 2018 Nobel Memorial Prize in Economic Sciences for his work in endogenous growth theory. He also coined the term "mathiness," which he describes as misuse of mathematics i…
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science · American economist and Nobel Laureate (born 1955) · economist · mathematician · also Paul M. Romer, Paul Romer, Paul Michael Romer, Paul M Romer, Romer
Born 6 November 1955 · Q509262
17 published statements · 0 followers
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“The question that I first asked was, why was progress . . . speeding up over time? It arises because of this special characteristic of an idea, which is if [a million people try] to discover something, if any one person finds it, everybody can use the idea.”
Awarded Fellow of the American Academy of Arts and Sciences (2021).
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Awarded the Nobel Prize in Economic Sciences — for integrating technological innovations into long-run macroeconomic analysis.
Awarded Prize in Economic Sciences in Memory of Alfred Nobel (2018).
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Following a controversy in which he stated in an interview with The Wall Street Journal on January 12, that during the tenure of Chile's socialist President Michelle Bachelet from 2014 onwards, Chile's ranking for ease
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And he has argued that with better rules and institutions less developed nations can be set on a different and better trajectory for growth
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Awarded Clarivate Citation Laureates (2005).
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Awarded H. C. Recktenwald Prize in Economics (2002).
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To found Aplia, a company founded in 2000 which produces online problem sets for college students
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And he was awarded the Horst Claus Recktenwald Prize in Economics in 2002
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“Economic growth springs from better recipes, not just from more cooking. New recipes produce fewer unpleasant side effects and generate more economic value per unit of raw material.”
“With a Startup City, you can propose something entirely new and let people choose whether they want to live under its rules, as embodied in its charter, the document that specifies its founding principles. People who want to try the reform can go there, and people who don’t, they don’t have to. With a startup, you can have reform without coercion.”
Awarded Fellow of the Econometric Society (1990).
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And 1990, which started endogenous growth theory
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Both from the University of Chicago, after graduate studies at Massachusetts Institute of Technology from 1977 to 1979 and at Queen's University (Kingston, Canada) from 1979 to 1980
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Studied at University of Chicago, Doctor of Philosophy (1983).
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Born 1955-11-06.
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