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Paul Romer : ウィキペディア英語版
Paul Romer

Paul Michael Romer (born November 7, 1955) is an American economist, entrepreneur, and activist. He is currently professor of economics at the Stern School of Business at New York University. Prior to that, Romer was a senior fellow at Stanford University's Center for International Development, the Stanford Institute for Economic Policy Research, and the Hoover Institution,〔("Risk and Return", ''Hoover Digest'', 1996 No. 2 )〕 and a fellow at the Center for Global Development. He is a pioneer of endogenous growth theory.
He temporarily left academia, focusing his energy on his 2001 start-up company Aplia which developed online homework problem sets for college students; Aplia was purchased in 2007 by Cengage Learning.
Romer earned a B.S. in mathematics in 1977 and a Ph.D. in economics in 1983, both from the University of Chicago. He taught at the University of California at Berkeley, the University of Chicago, and the University of Rochester. He was named one of America's 25 most influential people by ''Time'' magazine in 1997. Romer was awarded the Horst Claus Recktenwald Prize in Economics in 2002. He is the son of former Colorado governor Roy Romer.
==Academic contributions==
Romer's most important work is in the field of economic growth. Economists studied long-run growth extensively during the 1950s and 1960s. The Solow–Swan model, for example, established the primacy of technological progress in accounting for sustained increases in output per worker. Romer's 1983 Ph.D. thesis, which lead to two ''JPE'' articles published in 1986 and 1990, amounted to constructing mathematical representations of economies in which technological change is the result of the intentional actions of people, such as research and development. This started endogenous growth theory.
Romer is credited with the quote, "''A crisis is a terrible thing to waste.''" which he said during a November 2004 venture-capitalist meeting in California. Although he was referring to the rapidly rising education levels in other countries versus the United States, the quote became a sounding horn by economists and consultants looking for a positive take away from the economic downturn of 2007–2009.

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