Samuelsonian Economics and the Twenty-First Century [Paperback]

This volume illuminates and critically assesses Paul A. Samuelson's voluminous and groundbreaking contributions to the field of economics. The volume includes contributions from eminent scholars, including 6 Nobel Laureates, covering the extraordinary depth and breadth of Samuelson's contributions. Samuelson, the first American economist to win the Nobel prize in 1970, was the foremost voice in economics in the latter half of the 20th century. He single-handedly transformed the discipline by creating a new way of presenting economics, making it possible for it to be cast all in mathematical terms.

Samuelson developed broad frameworks, such as the neoclassical synthesis, a mixed economy, and the surrogate production function, which provided practitioners with a vision for research. Samuelson's contributions to economics are rich, complex, consequential, and relevant to the ordinary economics of life. The quality of Samuelson's output and methods leave no doubt that his contributions continue to be timely and relevant even in the 21st century. Ideal as a reference or an introduction to Samuelson's work, this is a must-have for students and academics alike.

An excellent overview of the breadth and depth of Samuelson's influence on mainstream economics....Highly recommended. --CHOICE

Michael Szenberg is the Distinguished Professor of Economics and Chair of the Finance and Economics Department at Lubin School of Business, Pace University. He received his Ph.D. in Economics from the City University of New York, a B.A. in Economics from Long Island University, and a Diploma from the Air Force Aeronautics School. Michael is the recipient of many awards, including the Irving Fisher Monograph Award, the Kenan Award for excellence in teaching, and received Pace University's Award for Distinguished Faculty Service. He also serves as editor-in-chief of the American Economist and as consultant to private and governmental agencies. Lall RamaralCk