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Paul Samuelson's Legacy

Author

Listed:
  • Avinash Dixit

    (Department of Economics, Princeton University, Princeton, New Jersey 08544)

Abstract

Paul Samuelson is probably the most important economist of the second half of the twentieth century. His research publications; his introductory textbook; his articles on topical questions of economic policy; and his interactions with numerous students, colleagues, policy makers, and the wider public have all contributed to fundamental changes in economics as a science and as a profession. This article attempts to give a brief overview of his career spanning eight decades and to recapitulate and celebrate his legacy.

Suggested Citation

  • Avinash Dixit, 2012. "Paul Samuelson's Legacy," Annual Review of Economics, Annual Reviews, vol. 4(1), pages 1-31, July.
    • Handle: RePEc:anr:reveco:v:4:y:2012:p:1-31
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    File URL: http://www.annualreviews.org/doi/abs/10.1146/annurev-economics-080511-110957
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    Citations

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    Cited by:

    1. repec:spa:wpaper:2013wpecon08 is not listed on IDEAS
    2. Guo, Baoping, 2015. "Equalized Factor Price and Integrated World Equilibrium," MPRA Paper 92051, University Library of Munich, Germany, revised Feb 2019.
    3. Guo, Baoping, 2019. "World Equivalent Factor Endowments Determine Local Factor Rewards When Countries Have Different Productivities," MPRA Paper 94004, University Library of Munich, Germany.
    4. Guo, Baoping, 2015. "Leontief Paradox Explored A New Trade Pattern When Countries Have Different Technologies," MPRA Paper 96929, University Library of Munich, Germany, revised Nov 2019.
    5. Romaniuc, Rustam, 2017. "Intrinsic motivation in economics: A history," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 67(C), pages 56-64.
    6. Baoping Guo, 2023. "Integrated Price-Trade Equilibrium by World Factor Endowments," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 29(3), pages 193-205, August.
    7. Lee, Ronald D., 2019. "Samuelson's Contributions to Population Theory and Overlapping Generations in Economics," IZA Discussion Papers 12442, Institute of Labor Economics (IZA).
    8. Guo, Baoping, 2019. "The Simplest Factor Price Non-Equalization When Countries Have Different Productivities," MPRA Paper 95015, University Library of Munich, Germany, revised 12 Jul 2019.
    9. Ligang Song & Vishesh Agarwal, 2023. "The Future of Multilateralism in the Post‐pandemic World," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 31(1), pages 62-87, January.
    10. Guo, Baoping, 2015. "General Trade Equilibrium of Integrated World Economy," MPRA Paper 94996, University Library of Munich, Germany, revised Feb 2019.
    11. Caplin, Andrew, 2014. "Rational inattention and revealed preference: The data-theoretic approach to economic modeling," Research in Economics, Elsevier, vol. 68(4), pages 295-305.

    More about this item

    Keywords

    constrained maximization; comparative statics; Heckscher-Ohlin theory; overlapping generations model; option pricing; neoclassical synthesis;
    All these keywords.

    JEL classification:

    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals

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