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Paul Samuelson's Legacy
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DOI：10.1146/annurev-economics-080511-110957.png)
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Abstract
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Paul Samuelson is probably the most important economist of the second half of the twentieth century. His research publications; his introductory textbook; his articles on topical questions of economic policy; and his interactions with numerous students, colleagues, policy makers, and the wider public have all contributed to fundamental changes in economics as a science and as a profession. This article attempts to give a brief overview of his career spanning eight decades and to recapitulate and celebrate his legacy.
Keywords:
constrained maximization
comparative statics
Heckscher-Ohlin theory
overlapping generations model
option pricing
neoclassical synthesis
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11.4
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356
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4.5K
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