Samuelson, Paul

Samuelson, Paul

▪ American economist
in full  Paul Anthony Samuelson 
born May 15, 1915, Gary, Indiana, U.S.

      American economist awarded the Nobel Prize for Economics in 1970 for his fundamental contributions to nearly all branches of economic (economics) theory.

      Samuelson was educated at the University of Chicago (B.A., 1935) and at Harvard University (Ph.D., 1941). He became a professor of economics at the Massachusetts Institute of Technology in 1940. Samuelson also served as an economic adviser to the United States government.

      Samuelson has contributed to many areas of economic theory through powerful mathematical techniques that he employed essentially as puzzle-solving devices. His Foundations of Economic Analysis (1947) provides the basic theme of his work, with the universal nature of consumer behaviour seen as the key to economic theory. Samuelson studied such diverse fields as the dynamics and stability of economic systems, the incorporation of the theory of international trade into that of general economic equilibrium, the analysis of public goods, capital (capital and interest) theory, welfare economics, and public expenditure. Of particular influence has been his mathematical formulation of the interaction of multiplier and accelerator effects and, in consumption analysis, his development of the theory of revealed preference.

      Furthermore, Samuelson's lucid prose contributed to the popularity of his publications. His introductory textbook, Economics (1948), is considered a classic. The Collected Scientific Papers of Paul A. Samuelson was published in five volumes between 1966 and 1986.

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Universalium. 2010.

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  • Samuelson, Paul — (b. 1915)    American economist. Born in Gary, Indiana, he was professor at the Massachusetts Institute of Technology. He was awarded the Nobel Prize for Economics in 1970 …   Dictionary of Jewish Biography

  • Samuelson, Paul A. — ► (n. 1915) Economista estadounidense. Fue premio Nobel de Economía en 1970 …   Enciclopedia Universal

  • SAMUELSON, PAUL ANTHONY — (1915– ), U.S. economist. Born in Gary, Indiana, Samuelson received his B.A. from Chicago University in 1935 and his M.A. (1936) and Ph.D. (1941) from Harvard University. He first taught at Harvard (1937) and from 1940 at the Massachusetts… …   Encyclopedia of Judaism

  • Samuelson,Paul Anthony — Samuelson, Paul Anthony. Born 1915. American economist who wrote the classic textbook Economics (1948) and advised Presidents John F. Kennedy and Lyndon B. Johnson. He won the 1970 Nobel Prize for improving the analytical methods used in economic …   Universalium

  • Samuelson, Paul Anthony — (b. 1915)    US economist and Nobel laureate, 1970. Samuelson, who was born in Gary, Indiana, was professor at the Massachusetts Institute of Technology, and a leading American authority on econometrics and analysis. He served as consultant to US …   Who’s Who in Jewish History after the period of the Old Testament

  • Samuelson, Paul (Anthony) — born May 15, 1915, Gary, Ind., U.S. U.S. economist. He received his Ph.D. from Harvard and taught at Massachusetts Institute of Technology from 1940, becoming an emeritus professor in 1986. His Foundations of Economic Analysis (1947) outlines a… …   Universalium

  • Samuelson, Paul (Anthony) — (n. 15 may. 1915, Gary, Ind., EE.UU.). Economista estadounidense. Obtuvo su Ph.D. en Harvard y desde 1940 fue profesor del Massachusetts Institute of Technology, donde fue nombrado profesor emérito en 1986. Su libro Fundamentos del análisis… …   Enciclopedia Universal

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  • Paul Samuelson — Paul Anthony Samuelson Naissance 15 mai 1915 Gary (Indiana) ( …   Wikipédia en Français

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