Samuelson, Paul (Anthony)(1915– ) economist; born in Gary, Ind. By age 26 he had obtained his Ph.D. from Harvard and secured a teaching position at the Massachusetts Institute of Technology. His distinguished career included writings on a wide variety of subjects in economics—international trade, production theory, capital theory, financial analysis, growth theory, and the history of economic thought. His textbook, Economics (McGraw-Hill, 1948; 11th ed., 1980) has been translated into over a dozen languages. He received the Nobel Prize in economics (1970).
The Cambridge Dictionary of American Biography, by John S. Bowman. Copyright © Cambridge University Press 1995. Reproduced with permission.