Paul Samuelson

Paul Anthony Samuelson (born May 15, 1915, in Gary, Indiana) is an American economist known for his work in many fields of economics. He was awarded the "David A. Wells Prize" in 1941 by Harvard University and the "John Bates Clark Medal" by the American Economic Association in 1947, as the living economist under forty "who has made the most distinguished contribution to the main body of economic thought and knowledge".

He was the sole recipient of the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel ( also imprecisely called "Nobel Prize in Economics" ) in 1970, the second year of the Prize, "for the scientific work through which he has developed static and dynamic economic theory and actively contributed to raising the level of analysis in economic science".

His book "Economics" , first published in 1948, was the most successful principles textbook ever and helped teach the fundaments of Economics to the majority of students during the second half of the XX century. It became one of the great textbooks on Economics, has been translated to 41 languages and ranks with the most successful textbooks ever published in the field, including the works of Adam Smith, David Ricardo, John Stuart Mill and Alfred Marshall and .

External Links

• Paul Samuelson. Economy Professor.

• SKOUSEN, Mark. The Perseverance of Paul Samuelson's Economics, Article in: Journal of Economic Perspectives.