“It is not too much to say that the widespread creation of dictatorships and the resulting World War II stemmed in no small measure from the world”
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Paul Anthony Samuelson was an American economist who was the first American to win the Nobel Memorial Prize in Economic Sciences. When awarding the prize in 1970, the Swedish Royal Academies stated that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory".
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culture · American economist and Nobel Laureate (1915–2009) · economist · writer · university teacher · political economist · also Paul Samuelson, Paul Anthony Samuelson, Paul A. Samuelson, Samuelson
Born 15 May 1915 · Died 13 December 2009 · Q102454
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s most quoted remark and a favorite economics joke: To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that market downturns predicted four out of the last five recessions. That is an understatement. Wall Street indexes predicted nine out of the last five recessions! And its mistakes were beauties. In the early editions of his famous, bestselling economics textbook Paul Samuelson joked that GDP falls when a man
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“It is not too much to say that the widespread creation of dictatorships and the resulting World War II stemmed in no small measure from the world”
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“s most quoted remark and a favorite economics joke: To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that market downturns predicted four out of the last five recessions. That is an understatement. Wall Street indexes predicted nine out of the last five recessions! And its mistakes were beauties. In the early editions of his famous, bestselling economics textbook Paul Samuelson joked that GDP falls when a man”
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U.S. News & World Report: Paul Samuelson
PBS: Late Economist Samuelson Bridged Math, Money
Died 2009-12-13.
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“Paul Samuelson: The incomparable economist”
“Ten Ways to Know Paul A. Samuelson”
Samuelson was one of the ten Nobel Prize–winning economists signing the Economists' statement opposing the Bush tax cuts
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“Samuelson's Economics at Fifty: Remarks on the Occasion of the Anniversary of Publication”
Won National Medal of Science (1996).
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Was awarded the National Medal of Science
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Awarded Josiah Willard Gibbs Lectureship (1974).
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Awarded the Nobel Prize in Economic Sciences — 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.
Awarded Prize in Economic Sciences in Memory of Alfred Nobel (1970).
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The Swedish Royal Academies stated that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory"
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The insufficiency of a national-income index to reveal which of two social options was uniformly outside the other's (feasible) possibility function, and he is particularly known for his work on determining the optimal a
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Awarded Guggenheim Fellowship (1948).
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Won John Bates Clark Medal (1947).
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And Institute Professor beginning in 1962
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An introductory textbook that incorporated his lecture notes, titled Elements of Economics
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Awarded Fellow of the Econometric Society (1944).
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Studied at Harvard University, Doctor of Philosophy (1936–1941).
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For writing the best doctoral dissertation at Harvard University in economics, for a thesis titled "Foundations of Analytical Economics", which later turned into Foundations of Economic Analysis
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Studied at Harvard University, master's degree (1935–1936).
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And his Doctor of Philosophy in 1941 at Harvard University
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Studied at University of Chicago, Bachelor of Arts (1935).
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Samuelson moved to Chicago where he graduated from Hyde Park High School (now Hyde Park Career Academy)
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To Frank Samuelson, a pharmacist, and Ella née Lipton
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Born 1915-05-15.
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