Paul Samuelson

MIT economist who put economics on formal mathematics; first American Nobel laureate in the subject.

Specifications & Metrics

lifespan

1915-2009

nationality

American

school

Neoclassical synthesis

nobel year

1970

Core Principles & Analysis

• Foundations of Economic Analysis (1947) recast the field as constrained optimization.
• His textbook Economics sold millions of copies across many editions from 1948.
• The 1970 Nobel citation credited him with raising the rigor of economic analysis.

Sources

• NobelPrize.org: Paul A. Samuelson, Facts