MEMORIALIZING PAUL A. SAMUELSON: A REVIEW OF HIS MAJOR WORKS, 1915-2009

• Published in: The American Economist (New York, N.Y. 1960) Vol. 55; no. 2; pp. 67 - 82
• Main Authors: Ramrattan, Lall, Szenberg, Michael
• Format: Journal Article
• Language: English
• Published: Los Angeles, CA Omicron Delta Epsilon 22.09.2010; SAGE Publications; Sage Publications, Inc; SAGE PUBLICATIONS, INC
• Subjects: Biographies; Book publishing; Capital goods; Consumption; Correspondence; Deaths; Discount rates; Economic analysis; Economic theory; Economists; Equilibrium; Factor prices; Free trade; GNP; Gross National Product; Income distribution; International economic relations; Jacobians; Keynesianism; Macroeconomics; Monopolistic competition; Population; Production capital; Production functions; Samuelson, Paul A; Solow, Robert M; New York; United States; United Kingdom; United States > US; Mixed economy; Neoclassical synthesis; Factor price equalization; Operationalism; Revealed preference; Overlapping generation; Surrogate production function
• ISSN: 0569-4345; 2328-1235
• DOI: 10.1177/056943451005500208

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.