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Lives of the LaureatesTwenty-three Nobel Economists$
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Roger W. Spencer and David A. Macpherson

Print publication date: 2014

Print ISBN-13: 9780262027960

Published to MIT Press Scholarship Online: May 2015

DOI: 10.7551/mitpress/9780262027960.001.0001

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Paul A. Samuelson

Paul A. Samuelson

(p.29) Paul A. Samuelson
Lives of the Laureates

Roger W. Spencer

David A. Macpherson

The MIT Press

This chapter describes the life of Paul A. Samuelson, who received the Nobel Prize in 1970. It examines the years of his development as an economist. He was born in 1915, and studied economics at the University of Chicago, Midway, in the 1930s, and received his Ph.D from Harvard in 1941. While still an undergraduate student, he discerned that mathematics was to revolutionize modern economics. He was then professor of economics at MIT until 2009. His Foundations of Economic Analysis contributed to his being awarded the 1970 Nobel Prize. His success it seems was due to his tremendous energy in writing articles about economics and economic relationships. He also wrote many technical articles. Among his key publications are Foundations of Economic Analysis and Linear Programming and Economic Analysis.

Keywords:   Paul A. Samuelson, modern economics, Harvard, MIT

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