19 Days To Go: The Late Great Paul Samuelson

180px-Paul_SamuelsonThe greatest living economist has passed away.

This statement is not intended as a subjective judgment of the accuracy of his theories or my opinion of his political views, though both rank very high. It is simply a fact that no economist since John Maynard Keynes has been so influential (and indeed, though Keynes’s theories were more groundbreaking, Samuelson’s may have inspired more intellectual output).

I wish I had the time or the insights to wish him a proper farewell, but alas I am deep in the second draft of my book and would probably have little to add to the many eulogies that will come from across the academic world (for example, Real Time Economics has a smattering of economist reactions). The New York Times has a deservedly long article celebrating his major achievements. I encourage you to read it all.   Continue reading “19 Days To Go: The Late Great Paul Samuelson”