Robert Solow was born in Brooklyn, New York on August 23, 1924. He won a scholarship to Harvard college but, by the end of 1942 he left the University and joined the Us Army. He served briefly in North Africa and Sicily and from the beginning to the end of the war in Italy.
Returned to Harvard in 1945 he studied economics with Wassily Leontieff and between 1949 and 1950 spent a fellowship year at Columbia University working on his Ph.D. thesys, an exploratory attempt to model changes in size distribution of wage income using interacting Markoff processes for employment-unemployment and wage rates. The thesis was awarded the Wells Prize at Harvard.
Then he accepted Assistant Professorship in the Economic Department of MIT. As professor Solow said he has "never had or wanted any other job". He was given the office next to Paul Samuelson's and "almost 40 years of almost daily conversations has been an immeasurably important part of my professional life".
In 1987 professor Solow was awarded the Nobel prize for "his contribution to the theory of economic growth". The study of the factors which permit production growth and increased welfare has been a central feature in economic research for many years and the Solow's contibutions have been exceptional. Solow growth model was presented in an article entitled "A contribution to the Theory of Economic Growth" in 1956.
Professor Solow has worked actively within many areas of economic theory, for example natural resource economics.
Over the laste decedes Solow has largely devoted his research efforts to macroeconomic questions involving unemployment and economic policy. He has been a member of the Us Presiden's Council of Economic Adviser and he is actually Chairman of I.S.E.O. Institute (Institute for Studies on Economics and Employments).