- NAME: Paul Samuelson
- OCCUPATION: Academic, Economist
- BIRTH DATE: May 15, 1915
- DEATH DATE: December 13, 2009
- Did You Know?: Paul Samuelson's seminal textbook, Economics, has been translated into more than 40 languages and sold more than 4 million copies since its 1948 publication.
- EDUCATION: University of Chicago, Harvard University
- PLACE OF BIRTH: Gary, Indiana
- PLACE OF DEATH: Belmont, Massachusetts
- Full Name: Paul Anthony Samuelson
- AKA: Paul Samuelson
Best Known For
Paul Samuelson used mathematics to formulate influential economic theories and, in 1970, became the first American to win the Nobel Prize in Economic Sciences.
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Recognized for his use of mathematics to provide clarity about market complexities, he became the first American to win the Nobel Prize in Economic Sciences in 1970.
From the late 1960s through the early '80s, Paul Samuelson debated economic viewpoints across from fellow former University of Chicago student Milton Friedman in Newsweek. During this period, The Collected Scientific Papers of Paul A. Samuelson was published over the course of five volumes.
Meanwhile, the highly renowned economist continued to influence generations of students at MIT, helping to reel in an all-star faculty that included Nobel Prize laureates Robert Solow, Franco Modigliani and Robert Merton.
Among the last generalists to make his mark across the economic spectrum, Samuelson contributed fundamental insights in consumer theory, welfare economics, international trade, finance theory, capital theory and macroeconomics. He died on December 13, 2009, in Belmont, Massachusetts.
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