Paul Anthony Samuelson, first North American to receive Nobel Prize in Economics

First North America presented the Nobel Prize in Economics was in 1970

Paul Anthony Samuelson, a presidential economic adviser during the presidential administrations of John F. Kennedy and Lyndon B. Johnson, was presented with the Nobel Prize in Economics, for improving the analytical methods used in economic theory. Paul Anthony Samuelson also authored the classic textbook “Economics”, published in 1948.

Additional Information:

  • Paul A. Samuelson: Biographical
    “In this age of specialization, I sometimes think of myself as the last ‘generalist’ in economics,” wrote Paul Anthony Samuelson, Professor of Economics at the Massachusetts Institute of Technology, “with interests that range from mathematical economics down to current financial journalism.
  • Paul A. Samuelson: Facts (via the Wayback Machine)
    Paul Samuelson was born in Indiana into a Jewish family that had emigrated from Poland. In 1923 he moved to Chicago, where he began studying economics at the university at age 16.
  • Paul A. Samuelson: Prize Lecture (via the Wayback Machine) – PDF
    The very name of my subject, economics, suggests economizing or maximizing. But Political Economy has gone a long way beyond home economics. Indeed, it is only in the last third of the century, within my own lifetime as a scholar, that economic theory has had many pretensions to being itself useful to the practical businessman or bureaucrat.
  • Paul A. Samuelson: Banquet Speech
    Your Majesty, Your Royal Highnesses, Ladies and Gentlemen,. The dream of any scholar has for me come true by virtue of this award. The Nobel Prizes are justly famous in the hard sciences, in literature, and for peace.
  • Paul Samuelson – Wikipedia
    Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist and the first American to win the Nobel Memorial Prize in Economic Sciences.
  • Paul Samuelson – Academic, Economist –
    Paul Samuelson used mathematics to formulate influential economic theories and, in 1970, became the first American to win the Nobel Prize in Economic Sciences.
  • Paul Samuelson | The Economist
    I WAS reborn, born as an economist, at 8.00am on January 2nd 1932, in the University of Chicago classroom,” wrote Paul Samuelson in a memoir published earlier this month.
  • Paul Samuelson Biography – Childhood, Facts, Family Life …
    Nobel laureate Paul Anthony Samuelson is referred to as the ‘Father of Modern Economics’. This biography profiles his childhood, life, career, achievements and interesting facts about him.
  • Paul Samuelson | American economist |
    Paul Samuelson, in full Paul Anthony Samuelson (born May 15, 1915, Gary, Ind., U.S.—died Dec. 13, 2009, Belmont, Mass.), American economist who was awarded the Nobel Prize in Economic Sciences in 1970 for his fundamental contributions to nearly all branches of economic theory.
  • Paul Anthony Samuelson facts, information, pictures | Encyclopedia …
    If one could do a mental time-and-motion study of a modern economic theorist at work, a large fraction of what he or she actually does from day to day would turn out to have its origins in Paul Samuelson’s work.
  • MIT Economics : Paul A. Samuelson, Nobel Laureate
    Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist, and the first American to win the Nobel Prize in Economics.
      December 10th 1970, 1948
      Paul Anthony Samuelson
      American Economist

Paul Anthony Samuelson


      May 15, 1915, Gary, Indiana, United States
      December 13, 2009, Belmont, Massachusetts, United States


Good questions outrank easy answers.

Economics has never been a science – and it is even less now than a few years ago.

Sooner or later the Internet will become profitable. It’s an old story played before by canals, railroads and automobiles.

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