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Goodwin’s Growth Cycle: Reminiscence and Rumination

  • Robert M. Solow

Abstract

I came to Harvard College as a 16-year-old freshman in September 1940. So far as I had any coherent plan at all, it was to study plant genetics. I can no longer remember where that idea came from; my best guess is that I had heard there were jobs to be had in the US Forest Service. Today’s students cannot imagine how large a factor that was in our minds as the decade of the thirties came to a close.

Keywords

Business Cycle Real Wage Employment Rate Aggregate Demand Phillips Curve 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. GOODWIN, R. M. (1967) ‘A Growth Cycle’, in C. H. Feinstein (ed.), Socialism, Capitalism and Economic Growth, Essays Presented to Maurice Dobb (Cambridge: Cambridge University Press) pp. 54–8.Google Scholar
  2. MINORSKY, N. (1947/62) Introduction to Non-linear Mechanics, published 1962 as Nonlinear Oscillations (New York: Van Nostrand).Google Scholar

Copyright information

© Kumaraswamy Velupillai 1990

Authors and Affiliations

  • Robert M. Solow

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