Great Economists · Modern
Paul Samuelson: Economics as Math
The first American economics Nobel laureate: *Foundations of Economic Analysis*, the best-selling textbook, the neoclassical synthesis, Stolper-Samuelson and factor-price equalization, public goods, and efficient markets.
Step 1 of 6 · Overview30 min read ·
Key idea
Prereqs: Keynes; supply & demand. Next: Milton Friedman; Market efficiency. Sources: Samuelson, *Foundations* (1947) and *Economics* (1948); Roger Backhouse, *Founder of Modern Economics* (2017); AFA 'Masters of Finance'.Next: 1. Life