Samuelsonian Economics And The Twenty-first Century

Paperback | May 23, 2007

EditorMichael Szenberg, Lall Ramrattan, Aron A. Gottesman

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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'scontributions. 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 inmathematical 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 economicsof 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.

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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'scontributions. Samuelson, the first American economis...

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. Mich...

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Format:PaperbackDimensions:384 pages, 9.21 × 6.14 × 0.79 inPublished:May 23, 2007Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199298831

ISBN - 13:9780199298839

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Table of Contents

IntroductionTen Ways to Know Paul A. SamuelsonAnalysis of Samuelson's Specific ContributionOverlapping Generation Models1. Robert M. Solow: Overlapping Generations2. Laurence J. Kotlikoff: Paul Samuelson's Amazing Intergenerational Transfer3. Peter Diamond: Social Security, the Government, and National SavingsPublic Goods4. William D. Nordhaus: Paul Samuelson and Global Public GoodsPreference and Consumer Behavior5. Hal R. Varian: Revealed Preference6. Robert A. Pollak: Samuelson's "Dr. Jekyll and Mrs. Jekyll" Problem: A Difficulty in the Concept of the ConsumerMarx7. Geoff Harcourt: Paul Samuelson on Karl Marx: Were the Sacrificed Games of Tennis Worth It?Stability8. Franklin Fisher: Paul Samuelson and the Stability of the General EquilibriumKeynes and Post-Keynesians9. Luigi Pasinetti: Paul Samuelson and Piero Sraffa- Two Prodigious Minds at the Opposite Poles10. Lawrence R. Klein: Paul Samuelson as a "Keynesian" Economist11. Paul Davidson: Samuelson and the Keynesian/Post-Keynesian RevolutionInternational Economics and Finance12. Avinash Dixit: Paul Samuelson and International Trade Theory Over Eight Decades13. Kenneth Rogoff: Paul Samuelson's Contributions to International Economics14. Rachel McCulloh: Protection and Real Wages: The Stopler-Samuelson TheoremFinance and Portfolio Theory15. Joseph E. Stiglitz: Samuelson and the Factor Bias of Technology Change16. Harry M. Marowitz: Samuelson and Investment for the Long Run17. Robert C. Merton: Paul Samuelson and Financial EconomicsSamuelson's RelevanceRelevance to Mathematical Economics18. Paul Milgrom: Multipliers and the LeChatelier PrincipleRelevance to the Natural Sciences19. James B. Cooper and Thomas Russell: The Surprising Ubiquity of the Samuelson Configuration20. Rod Cross: Paul Samuelson's Mach

Editorial Reviews

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