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Portrait of Paul Samuelson

Paul Samuelson

(1915–2009) Economist

75 quotes in 574 categories

Paul Samuelson points out that companies hire workers to make profit, not to be charitable. He compares economists to elite athletes who train but never compete. He also argues that a land‑rent system could boost society’s total consumption. He also notes that the Soviet command economy showed that socialism can function and even thrive.

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Paul Samuelson was an economist, best known for Economics, an introductory analysis.

Quick Facts About Paul Samuelson

Born
May 15, 1915
Died
December 13, 2009
Profession
Economist
Notable works
Economics, an introductory analysis

About Paul Samuelson

Paul Anthony Samuelson was an American economist who was the first American to win the Nobel Memorial Prize in Economic Sciences. When awarding the prize in 1970, the Swedish Royal Academies stated that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory".

Quotes by Paul Samuelson

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