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How Foundations Came to Be

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  • Paul A. Samuelson

Abstract

On the fiftieth birthday of my Foundations of Economic Analysis, a deluxe edition of it was embalmed in the German Klassiker der Nationalokonomie series alongside of Adam Smith, Eugen von Bohm-Bawerk, Irving Fisher, and many other illustrious suspects. With it, as customary, was published a slim volume in German, a Vademecum, with review essays by Jurg Niehans, Carl-Christian von Weizsacker, and a foreword by the editor Bertram Schefold. By invitation, like Tom Sawyer at his own funeral, I provided for German translation my own recollections under the title "How Foundations Came to Be." Here is the English original, slightly abridged; for some technicalities, readers are referred to the full German text. I remembered much, and, with the perspective of time, learned not a little.

Suggested Citation

  • Paul A. Samuelson, 1998. "How Foundations Came to Be," Journal of Economic Literature, American Economic Association, vol. 36(3), pages 1375-1386, September.
    • Handle: RePEc:aea:jeclit:v:36:y:1998:i:3:p:1375-1386
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    File URL: http://www.e-jel.org/archive/sept1998/Samuelso.pdf
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    Cited by:

    1. Rutledge, John, 2015. "Economics as energy framework: Complexity, turbulence, financial crises, and protectionism," Review of Financial Economics, Elsevier, vol. 25(C), pages 10-18.
    2. D. Wade Hands, 2014. "Paul Samuelson and Revealed Preference Theory," History of Political Economy, Duke University Press, vol. 46(1), pages 85-116, Spring.
    3. Roger E. Backhouse, 2015. "Revisiting Samuelson's Foundations of Economic Analysis," Journal of Economic Literature, American Economic Association, vol. 53(2), pages 326-350, June.
    4. Stavros Drakopoulos & Ioannis Katselidis, 2015. "From Edgeworth to econophysics: a methodological perspective," Journal of Economic Methodology, Taylor & Francis Journals, vol. 22(1), pages 77-95, March.
    5. Stavros A. DRAKOPOULOS, 2016. "Economic crisis, economic methodology and the scientific ideal of physics," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 10(1), pages 28-57, November.
    6. Roberto Marchionatti & Fiorenzo Mornati, 2016. "Economic Theories in Competition - A New Narrative of the Debate on the General Economic Equilibrium Theory in the 1930s," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 63(5), pages 503-523.
    7. Robert Van Horn, 2010. "Aaron Director," Chapters, in: Ross B. Emmett (ed.), The Elgar Companion to the Chicago School of Economics, chapter 3, Edward Elgar Publishing.
    8. John Rutledge, 2015. "Economics as energy framework: Complexity, turbulence, financial crises, and protectionism," Review of Financial Economics, John Wiley & Sons, vol. 25(1), pages 10-18, April.
    9. Marco Angelo Marinoni, 2014. "Evoluzioni dottrinali su incertezza e rischio. Da Knight e Sassi alla Teoria del Caos," CONTABILIT? E CULTURA AZIENDALE, FrancoAngeli Editore, vol. 2014(1), pages 33-53.
    10. Drakopoulos, Stavros A., 2014. "Mainstream Aversion to Economic Methodology and the Scientific Ideal of Physics," MPRA Paper 57222, University Library of Munich, Germany.
    11. Yann Giraud & Pedro Garcia Duarte, 2014. "Chasing the B: A Bibliographic Account of Economics’ Relation to its Past, 1991-2011," THEMA Working Papers 2014-09, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    12. Roberto Marchionatti Author-Email: roberto.marchionatti@unito.it & Fiorenzo Mornati Author-Email: fiorenzo.mornati@unito.it, 2016. "Economic Theories in Competition A New Narrative of the Debate on the General Economic Equilibrium Theory in the 1930s," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 63(5), pages 503-523, December.
    13. Akhabbar, Amanar, 2013. "Samuelson and the Non-Substitution Theorem: Some Methodological Remarks," MPRA Paper 61760, University Library of Munich, Germany.
    14. 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.
    15. João Rogério Sanson, 2007. "Ethics, politics, and Nonsatiation in Consumption: A Synthesis," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 8(1), pages 1-20.
    16. Drakopoulos, Stavros A., 2014. "Mathematical Psychics and Hydraulics: The Methodological Influence of Edgeworth and Fisher," MPRA Paper 52981, University Library of Munich, Germany.
    17. Andrew W. Lo & Mark T. Mueller, 2010. "WARNING: Physics Envy May Be Hazardous To Your Wealth!," Papers 1003.2688, arXiv.org, revised Mar 2010.

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