Faculty News
Professor Paul Romer is interviewed about his research on the use of mathematics to understand economic growth
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Excerpt from The Wall Street Journal -- "Ultimately, the test of the model is its correspondence with the world. If we use certain frameworks, you can understand a much richer set of facts about the world. Growth is a difficult area to work because you’re addressing questions about the very long run, so you don’t have an abundance of data. You’re trying to invoke evidence from history over the very long run. We needed to come up with a way to think about all of these facts about the broad sweep of human history."
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