Short Bio ( < 100 words)
Paul Romer, who now directs Boston College’s Center for the Economics of Ideas, received the 2018 Nobel Prize in Economics for showing how different it is when an economy produces and distributes not just physical objects but also ideas. With the right policies, ideas make progress possible. With policies blindly extrapolated from the analysis of objects, ideas can yield stagnation or regress.
Paul received his Ph.D. in Economics from the U. of Chicago. He taught at NYU, Stanford, Berkeley, Chicago, and Rochester. He also started Aplia, an education technology company.
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- Photographer: Alexander Mahmoud
- Copyright: Nobel Foundation
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