Founder of Modern Economics: Paul A. Samuelson (Hardcover)

Idioma: inglés

Editorial: Oxford University Press Inc, New York, 2017

0190664096 / 9780190664091

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Hardcover. 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. Backhouseexplores 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 butrequired 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 tracesSamuelson'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 tradeto 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. Founder of Modern Economics offers stimulating insight into a towering figure's influence on economics: a discipline and way of thinking that influences business, policy making, and everyday life. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.

N° de ref. del artículo 9780190664091

Título
Founder of Modern Economics: Paul A. Samuelson (Hardcover)
Autor
Professor Roger E. Backhouse
Editorial
Oxford University Press Inc, New York
Año de publicación
2017
Estado
new
Encuadernación
Hardcover
Idioma
inglés
ISBN 10
0190664096
ISBN 13
9780190664091

CitiRetail

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