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Economics is an introductory textbook by American economists Paul Samuelson and William Nordhaus. The textbook was first published in 1948, and has appeared in nineteen different editions, the most recent in 2009. It was the best selling economics textbook for many decades and still remains popular, selling over 300,000 copies of each edition ...

Foundations of Economic Analysis is a book by Paul A. Samuelson published in 1947 (Enlarged ed., 1983) by Harvard University Press. It is based on Samuelson's 1941 doctoral dissertation at Harvard University. The book sought to demonstrate a common mathematical structure underlying multiple branches of economics from two basic principles ...

Follow. Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist. The first American to win the Nobel Memorial Prize in Economic Sciences, the Swedish Royal Academies stated, when awarding the prize in 1970, that he "has done more than any other contemporary economist to raise the level of scientific analysis in ...

The Perseverance of Paul Samuelson’s Economics. Journal of Economic Perspectives, 137-152. Backhouse, Roger E (2017). Founder of Modern Economics: Paul A. Samuelson: Volume 1: Becoming Samuelson, 1915-1948. Oxford: Oxford University Press. Kennedy, G. (2010). Paul Samuelson and the Invention of the Modern Economics of the Invisible Hand.

Originating from Gary, Indiana and growing up in Chicago, Paul Anthony Samuelson enrolled at the University of Chicago in 1932, and received his B.A. in 1935. He went on to enroll at Harvard, receiving his MA in 1936 and his Ph.D in 1941. His thesis would become the Foundations of Economic Analysis (1947). Samuelson was the wunderkind of the ...

Additional Product Information: Samuelson's text was first published in 1948, and it immediately became the authority for the principles of economics courses. The book continues to be the standard-bearer for principles courses, and this revision continues to be a clear, accurate, and interesting introduction to modern economics principles.

For those still intereated on the subject Part IV (Investing for the Long Run) of Merton’s essay “Paul Samuelson and Financial Economics” gives an overview of his interest on this subject and his efforts to “convey to both the professional practitioner and the general public those important research findings that have survived the rigors of both careful analytical and empirical ...

The Dangers of Samuelson’s Economic Method. By Robert Higgs. This article appeared in the Winter 2010/11 issue of The Independent Review. Paul Samuelson (1915–2009) left an indelible mark on the economics profession with his seemingly scientific treatise Foundations of Economic Analysis. He also did as much as anyone to make modern economic ...