Posts Tagged ‘Samuelson’

Samuelson’s Legacy and that of Mises

December 16, 2009

by Roger Koppl

One of our all-time greats, Paul Samuelson, has passed.  We should mourn the passing of a great mind and fellow human being.  He influenced so many economists so deeply that it easy to underestimate his influence.  Barkley Rosser makes the key point at Econospeak.  “His influence is so great in so many areas that the key papers by him that lie behind the standard textbook accounts in many areas do not even bother to cite them.”  Barkley adds the interesting comment that Samuelson “himself was generally personally aware of the flaws and limits of many of his own ideas” whereas the “sons of Samuelson” have been “more simplistic.” Read the rest of this entry »

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