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Paul Samuelson, in full Paul Anthony Samuelson, (born May 15, 1915, Gary, Indiana, U.S.—died December 13, 2009, Belmont, Massachusetts), American economist who was awarded the Nobel Prize in Economic Sciences in 1970 for his fundamental contributions to nearly all branches of economic theory.

Paul Samuelson was a noted academic economist who left a lasting imprint on the field. In 1970, Samuelson was the first American to be awarded the Nobel Memorial Prize in Economics for his ...

He was co-author of Readings in Economics, published in 1955, and has co-authored numerous other works in the field. His latest book is Linear Programming and Economic Analysis, written in collaboration with Robert Dorfman and Robert Solow and sponsored by a grant from the Rand Corporation.

MIT economist Paul A. Samuelson, the Nobel laureate whose mathematical analysis provided the foundation on which modern economics is built and whose textbook influenced generations of students, died today at his home in Belmont, Mass. He was 94.

In 1970 Paul Samuelson became the first American to receive the Nobel Prize in economics. It was awarded “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.”