Founder of Modern Economics: Paul A. Samuelson

Volume 1: Becoming Samuelson, 1915-1948
Oxford University Press
  • 1. Auflage
  • |
  • erschienen am 4. April 2017
  • |
  • 640 Seiten
E-Book | PDF mit Adobe-DRM | Systemvoraussetzungen
978-0-19-066410-7 (ISBN)
Paul Samuelson was at the heart of a revolution in economics. He was "the foremost academic economist of the 20th century," according to the New York Times, and the first American to win the Nobel Prize in Economics. His work transformed the field of economics and helped give it the theoretical and mathematic rigor that increased its influence in business and policy making. In Founder of Modern Economics, Roger E. Backhouse explores the central importance of Samuelson's personality and social networks to understanding his intellectual development. This is the first of two volumes covering Samuelson's extended and productive life and career. This volume surveys Samuelson's early years growing up in the Midwest to his experiences at the University of Chicago and Harvard University, where leading scholars in economics and other disciplines stimulated and rewarded his curiosity. His thinking was influenced by the natural sciences and he understood that a critical, scientific approach increased insights into important social and economic questions. He realized that these questions could not be answered through rhetorical debate but required rigor. His "eureka" moment came, he said, when "a good fairy whispered to me that math was a skeleton key to solve age old problems in economics." Backhouse traces Samuelson's thinking from his early days to the publication of his groundbreaking book Foundations of Economic Analysis and Economics: An Introductory Analysis, which influenced generations of students. His work set the stage for economics to become a more cohesive and coherent discipline, based on mathematical techniques that provided surprising insights into many important topics, from business cycles to wage and unemployment rates, and from how competition influences trade to how tax rates affects tax collection. Founder of Modern Economics is a profound contribution to understanding how modern economics developed and the thinking of a revolutionary thinker.
  • Englisch
  • Oxford
  • |
  • USA
  • 32,24 MB
978-0-19-066410-7 (9780190664107)
weitere Ausgaben werden ermittelt
Roger E. Backhouse is Professor of the History and Philosophy of Economics, at the University of Birmingham.
Contents List of Figures Preface Part I - The Early Years, 1915-35 1. Childhood 2. The University of Chicago, 1932 3. Natural and social sciences, 1932-3 4. Social scientist to mathematical economist, 1933-4 5: Economics at Chicago, 1932-5 PART II - The Harvard Years, 1935-40 6. First Term at Harvard, Autumn 1935 7. Joseph Alois Schumpeter 8. Edwin Bidwell Wilson 9. Making Connections 10. Simplifying Economic Theory 11. Collaboration 12. Alvin Harvey Hansen 13. Hansen's Disciple 14. The Observational Significance of Economic Theory 15. Leaving Harvard PART III - MIT, War, Foundations and the Textbook, 1940-8 16. The Massachusetts Institute of Technology 17. Statistics 18. Developing the New Economics, I: Theory, 1940-3 19. Hansen and the National Resources Planning Board, 1941-3 20. Developing the New Economics, II: Policy, 1942-3 21. Scientists and Science Policy, 1944-5 22. Foundations of Economic Analysis, 1940-7 23. Postwar Economic Policy, 1944-7 24. Keynes and Keynesian economics 25. Drafting the Textbook, 1945 26. Controversy Over the Textbook, 1947-8 27. Economics, the First Edition, 1948 28. Commitment to MIT 29. Conclusions List of Abbreviations References Endnote

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