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An Interview With Paul A. Samuelson

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  • Barnett, William A.

Abstract

It is customary for the Interviewer to begin with an introduction describing the circumstances of the interview and providing an overview of the nature and importance of the work of the interviewee. However, in this case, as Editor of this journal, I feel it would be presumptuous of me to provide my own overview and evaluation of the work of this great man, Paul Samuelson. The scope of his contributions has been so vast (averaging almost one technical paper per month for over 50 years) that it could be particularly difficult to identify those areas of modern economic theory to which he has not made seminal contributions.1 In addition to his over 550 published papers, his books are legendary. He once said: "Let those who will?write the nation's laws?if I can write its textbooks." Instead of attempting to provide my own overview, I am limiting this introduction to the following direct (slightly edited) quotation of a few paragraphs from the Web site, The History of Economic Thought, which is maintained online by the New School University in New York: Perhaps more than anyone else, Paul A. Samuelson has personified mainstream economics in the second half of the twentieth century. The writer of the most successful principles textbook ever (1948), Paul Samuelson has been not unjustly considered the incarnation of the economics "establishment"?and as a result, has been both lauded and vilified for virtually everything right and wrong about it. Samuelson's most famous piece of work, Foundations of Economic Analysis (1947), is one of the grandest tomes that helped revive Neoclassical economics and launched the era of the mathematization of economics. Samuelson was one of the progenitors of the Paretian revival in microeconomics and the Neo-Keynesian Synthesis in macroeconomics during the post-war period. The wunderkind of the Harvard generation of 1930s,where he studied under Schumpeter and Leontief, Samuelson had a prodigious grasp of economic theory, w
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Barnett, William A., 2004. "An Interview With Paul A. Samuelson," Macroeconomic Dynamics, Cambridge University Press, vol. 8(04), pages 519-542, September.
  • Handle: RePEc:cup:macdyn:v:8:y:2004:i:04:p:519-542_04
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    References listed on IDEAS

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    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. Benhabib, Jess & Farmer, Roger E.A., 1999. "Indeterminacy and sunspots in macroeconomics," Handbook of Macroeconomics,in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 6, pages 387-448 Elsevier.
    3. Kazuo Nishimura & Jess Benhabib & Alain Venditti, 2002. "Indeterminacy and cycles in two-sector discrete-time model," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), pages 217-235.
    4. Benhabib, Jess & Farmer, Roger E. A., 1996. "Indeterminacy and sector-specific externalities," Journal of Monetary Economics, Elsevier, vol. 37(3), pages 421-443, June.
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    Cited by:

    1. Móczár, József, 2010. "Paul A. Samuelson, a közgazdaságtan utolsó nagy generalistája (1915-2009). Matematika és közgazdaságtan
      [Paul A. Samuelson, economics` last great generalist (1915-2009). Mathematics and economics]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 371-379.
    2. Fabrice Barthélémy & Dominique Lepelley & Mathieu Martin, 2013. "On the likelihood of dummy players in weighted majority games," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, pages 263-279.
    3. Yann Giraud, 2011. "The Political Economy of Textbook Writing: Paul Samuelson and the making of the first ten Editions of Economics (1945-1976)," THEMA Working Papers 2011-18, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.

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