Paul Samuelson: Father of Modern Economics

Source: MIT, date indeterminate

Called the father of modern economics, Samuelson became the first American to win the Nobel Prize in Economics (1970) for his work to transform the fundamental nature of the discipline. He insisted that mathematics was essential, and his numerous and groundbreaking contributions provided the foundation on which modern economics is built. Samuelson’s textbook, Economics: An Introductory Analysis, is one of the most widely used in the history of American education.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.