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Memorializing Paul A. Samuelson: A Review of His Major Works, 1915–2009

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  • Lall Ramrattan
  • Michael Szenberg

Abstract

This essay reviews the contributions of Paul A. Samuelson, specifically the Neoclassical Synthesis in Macroeconomics, the Factor Price Equalization Theory in Trade, the Surrogate Function in Capital Theory, and the Revealed Preference Theory in Microeconomics. Also covered are the Overlapping Generation Model, the idea of the mixed economy, and operationalism in Economic Methodology. No one will doubt that from the touch of his hand, economics has become highly transparent and knowledge elevated. The future generation of economists will take pride and delight in immersing themselves in Samuelson's works.

Suggested Citation

  • Lall Ramrattan & Michael Szenberg, 2010. "Memorializing Paul A. Samuelson: A Review of His Major Works, 1915–2009," The American Economist, Sage Publications, vol. 55(2), pages 67-82, November.
    • Handle: RePEc:sae:amerec:v:55:y:2010:i:2:p:67-82
    DOI: 10.1177/056943451005500208
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    References listed on IDEAS

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    1. Robinson, Joan, 1971. "The Measure of Capital: The End of the Controversy," Economic Journal, Royal Economic Society, vol. 81(323), pages 597-602, September.
    2. Ronald Findlay, 1995. "Factor Proportions, Trade, and Growth," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262061759, December.
    3. Szenberg, Michael & Ramrattan, Lall & Gottesman, Aron A. (ed.), 2006. "Samuelsonian Economics and the Twenty-First Century," OUP Catalogue, Oxford University Press, number 9780199298839, Decembrie.
    4. Friedrich Lutz, 1961. "The Essentials of Capital Theory," International Economic Association Series, in: D. C. Hague (ed.), The Theory of Capital, chapter 0, pages 3-17, Palgrave Macmillan.
    5. Joan Robinson, 1970. "Capital Theory Up to Date," Canadian Journal of Economics, Canadian Economics Association, vol. 3(2), pages 309-317, May.
    6. Michael Szenberg & Lall Ramrattan & Aron Gottesman, 2007. "Ten Ways to Know Paul A. Samuelson," The American Economist, Sage Publications, vol. 51(2), pages 3-7, October.
    7. Green, Jerry R. & Scheinkman, Josè Alexandre (ed.), 1979. "General Equilibrium, Growth, and Trade," Elsevier Monographs, Elsevier, edition 1, number 9780122987502.
    8. P. Garegnani, 1970. "Heterogeneous Capital, the Production Function and the Theory of Distribution," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 37(3), pages 407-436.
    9. Michael Szenberg & Aron A. Gottesman & Lall Ramrattan, 2005. "Paul A. Samuelson: philosopher and theorist," International Journal of Social Economics, Emerald Group Publishing, vol. 32(4), pages 325-338, April.
    10. F. A. Lutz, 1961. "The Theory of Capital," International Economic Association Series, Palgrave Macmillan, number 978-1-349-08452-4 edited by D. C. Hague, December.
    11. Krugman, Paul, 1995. "Increasing returns, imperfect competition and the positive theory of international trade," Handbook of International Economics, in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 24, pages 1243-1277, Elsevier.
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