# Prof. Paul Romer is highlighted for leading the new growth theory

1 Faculty News April 1, 2012 ![Harvard Business Review logo](/sites/default/files/styles/246w/public/assets/images/con_032358.jpg?itok=cHztGP4H)>

Excerpt from [Harvard Business Review](http://hbr.org/2012/04/saving-the-planet-a-tale-of-two-strategies/ar/1) -- "The economist [Paul Romer](http://www.stern.nyu.edu/faculty/bio/paul-romer) is credited with leading the new growth theory, which holds that growth has no natural limits because the capacity for technological innovation is unlimited. Investments in human capital increase rates of return, in his view."

[Read more](http://hbr.org/2012/04/saving-the-planet-a-tale-of-two-strategies/ar/1)

Additional coverage appeared in [Power Engineering Magazine](http://www.power-eng.com/news/2012/04/01/saving-the-planet-a-tale-of-two-strategies.html).