Paul Romer is profiled in advance of his new role at the World Bank
— July 20, 2016
Excerpt from Bloomberg View -- "Romer’s most famous academic work is the theory of endogenous growth, which he created in the 1980s and 1990s. The basic idea is that in order for tech to progress, society has to spend money, either via government research or corporate research and development. So there’s a natural feedback loop between the economy and technology."