Paul Samuelson
Paul Samuelson
Paul Anthony Samuelsonwas an American economist, and the first American to win the Nobel Memorial Prize in Economic Sciences. The Swedish Royal Academies stated, when awarding the prize, that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory". Economic historian Randall E. Parker calls him the "Father of Modern Economics", and The New York Times considered him to be the "foremost academic economist of the 20th century"...
NationalityAmerican
ProfessionEconomist
Date of Birth15 May 1915
CountryUnited States of America
Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as an amateurish and cranky fad.
An intriguing paradox of the 1990s is that it isn't called a decade of greed.
Macroeconomics, even with all of our computers and with all of our information. is not an exact science and is incapable of being an exact science.
Politicians like to tell people what they want to hear - and what they want to hear is what won't happen.
I don't care who writes a nation's laws-or crafts its advanced treaties-if I can write its economics textbooks
What we know about the global financial crisis is that we don't know very much.
Good questions outrank easy answers.
The consumer, so it is said, is the king... each is a voter who uses his money as votes to get the things done that he wants done