He's one of the fathers of the new economic growth theory, and he's been on the short list for a Nobel price in economics. He's founded companies, including online teaching firm Aplia.
Now, Professor Paul Romer of Stanford University's Graduate School of Business is leaving the campus to pursue a new, somewhat startling private endeavor. Using Western know-how and bureaucracies, he wants to build modern metropolises in one of the most challenging areas of the world: Africa.
"I am embarking on a whole new direction in my career," Romer said during a recent meeting … Read more