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Paul Samuelson

American economist (1915-2009) · United States · Academics · Died at 94

Paul Samuelson is read about 363 times a day, in 81 languages.

A typical day, 30 days to 15 October 2026

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The first American to win the Nobel in economics, he turned the field into mathematics and wrote the textbook that taught most of the profession how to think - selling over four million copies across four decades.

A life in dates

2009Died13 December 20091996National Medal of ScienceAward1974Josiah Willard Gibbs LectureshipAward1970Prize in Economic Sciences in Memory of Alfred NobelAward1948Guggenheim FellowshipAward1947John Bates Clark MedalAward1944Fellow of the Econometric SocietyAward1915Born15 May 1915

Also in Deutsch

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Awards

National Medal of Science1996
Josiah Willard Gibbs Lectureship1974
Prize in Economic Sciences in Memory of Alfred Nobel1970
Guggenheim Fellowship1948
John Bates Clark Medal1947
Fellow of the Econometric Society1944
Honorary Fellow of the Royal Society
Doctor Honoris Causa of Keiō University
Honorary Doctorate from the Pontifical Catholic University of Peru
Honorary Doctor from the NOVA University Lisbon
Honorary Doctorate of the Polytechnic University of Valencia

In their orbit

Sibling: Robert Summers

About this person

Born May 15, 1915, Samuelson came of age convinced that mathematics was the "natural language" for economists, a belief he formalized in Foundations of Economic Analysis. In 1948 he published Economics: An Introductory Analysis, the second American textbook to explain Keynesian principles - it became the best-selling economics text of all time. He advised Kennedy and Johnson, consulted for the Treasury and Budget Bureau, and spent years sparring in Newsweek with Milton Friedman, the two economists representing opposite poles: Samuelson the self-described "Cafeteria Keynesian," Friedman the monetarist. When the Swedish Royal Academies awarded him the Nobel in 1970, they said he had done more than any contemporary to raise the level of scientific analysis in the field. He died December 13, 2009, having reshaped how economics was practiced and taught.

Country
United States
Category
Academics
Type
Academic
Status
deceased
Dates
Lived 1915 to 2009 · aged 94

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