Ninety-Eight Years of Economic Wisdom (Replay)
People I (Mostly) Admire
Freakonomics Radio + Stitcher
4.6 • 2K Ratings
🗓️ 13 December 2025
⏱️ 49 minutes
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| 0:00.0 | Sometimes I make good choices. Like a few years back when I decided to reach out to economist Robert |
| 0:13.9 | Solo. I didn't really expect to get a reply how many 98-year-olds are still checking email. |
| 0:22.2 | But he wrote me back right away and we had this wonderful conversation, which first aired in June of 2023. |
| 0:33.5 | My guest today, Robert Solo, is an absolute giant in the field of economics. |
| 0:38.4 | He received the Nobel Prize in 1987 for his pioneering work on the topic of economic growth. |
| 0:44.0 | When I first got interested in economic questions, the whole point was that the system appeared to be broken, and it was necessary to find ways to patch it together. |
| 1:00.6 | Welcome to people I mostly admire with Steve Levitt. |
| 1:06.4 | But Robert Solo is more than just a great researcher. |
| 1:09.9 | He was one of the most inspiring teachers I ever had, |
| 1:12.7 | and he's been a legendary mentor to generations of students at MIT, |
| 1:16.2 | four of whom have themselves gone on to win Nobel Prizes. |
| 1:19.5 | And at the age of 98, still as sharp as ever, |
| 1:22.8 | he's a model for growing old gracefully. |
| 1:28.0 | So you taught me macroeconomics almost 30 years ago. |
| 1:32.5 | You know I'm no macroeconomist, but your class was the best class that I took at MIT. |
| 1:39.6 | I remember I would read these macro papers ahead of class. |
| 1:44.1 | I mean, I would spend hours, |
| 1:46.2 | and I would understand nothing about the paper. It was pure math to me, math I didn't understand, |
| 1:52.9 | and then you would roll into class, and you would describe these papers in the simplest terms. |
| 2:04.1 | You would strip away all the math and you would show what was going on with a few words, with a few equations. And I really stood in awe of you being |
| 2:11.9 | able to do that. That's the only way I can understand anything is to break it down into simplities. |
| 2:20.9 | And I'm glad you liked it. |
... |
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