Paul Romer, one
of the nation's leading economists, was the primary developer of New
Growth Theory, a body of work that provides a fresh foundation for
business and government thinking about wealth creation.
In 2002, Paul was
recognized for his work in this field when he was
awarded the Horst Claus Recktenwald Prize in Economics for outstanding
achievement and contributions to the field. He also was awarded the
Distinguished Teaching Award at Stanford
University's Graduate School of Business (1999), named one of America's
25 most influential people by TIME magazine (1997), and elected a
fellow of the American Academy of Arts and Sciences (2000). He is a
fellow of the Econometric Society and a research associate with the
National Bureau of Economic Research. He was a member of the National
Research Council Panel on Criteria for Federal Support of Research and
Development, a member of the Executive Council of the American
Economics Association, and a fellow of the Center for Advanced Study in
the Behavioral Sciences.
Paul is currently the
STANCO 25 Professor of Economics in the Graduate
School of Business at Stanford University and a Senior Fellow of the
Hoover Institution. Before coming to Stanford, he taught economics at
the University of California at Berkeley, the University of Chicago,
and the University of Rochester. He is also the founder of Aplia, which develops and applies
technologies for improving student learning. This work springs from his
conviction that improving education at all levels will be the key to
sustaining technological progress in the twenty-first century and that
better educational technology will lead better educational outcomes.
To learn more about Paul's work, see David Warsh's book Knowledge and the Wealth of Nations (Norton 2006), or view the Economist article "The Growth of Growth Theory" in its 18 May 2006 issue.