Paul A. Samuelson, 1950. |
Samuelson was the singular force leading to the post-World War II reconceptualization of economics as a scientific discipline. His “neoclassical synthesis” wedded modern microeconomics to Keynesian macroeconomics, both of which were stabilized through his landmark Foundations of Economic Analysis (1947). His textbook, Principles of Economics, grounded the vocabulary and teaching practices of the economics profession in the second half of the twentieth century, and his career in MIT's economics department made it the world leader in scientific economics.
Post contributed by E. Roy Weintraub, Professor of Economics, Duke University
NB: The Paul Samuelson Papers will be transferred to Duke in stages over the next several months. If you are interested in conducting research in the Samuelson Papers once they are made available, please contact Will Hansen at william.hansen(at)duke.edu.