American economist (1915–2009)
Paul Samuelson was an American economist who lived from 1915 to 2009 and made major contributions to economic theory and teaching. He matters because his work and influential textbooks shaped how economics has been taught and understood for generations.
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Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) 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".
Samuelson was one of the most influential economists of the latter half of the 20th century. In 1996, he was awarded the National Medal of Science. Samuelson considered mathematics to be the "natural language" for economists and contributed significantly to the mathematical foundations of economics with his book Foundations of Economic Analysis. He was author of the best-selling economics textbook of all time: Economics: An Introductory Analysis, first published in 1948. It was the second American textbook that attempted to explain the principles of Keynesian economics.
5 total works indexed
· 1958 · cited 70,537x
· 1975 · cited 67,641x
· 2009 · cited 45,245x
· 2003 · cited 44,555x
· 2020 · cited 34,272x
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