Sunday, December 13, 2009

Paul Samuelson, Nobel Prize-winning economist and giant of the 20th century, has died aged 94.

Samuelson's impact on the economics profession, public policy and education is immeasurable. His Economics was the very first text book that I, and generations of students, read on the dismal science. His Stolper-Samuelson Theorem, theory of public goods and synthesis of Keynesian and neoclassical economics are hugely significant to my intellectual development.

Paul Krugman, a student and colleague of Samuelson, reflects here.

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