Paul anthony samuelson, a famous contemporary American economist, won the 1970 Nobel Prize in Economics. Samuelson was born in Gary, Indiana, USA in 19 15. 1930 was admitted to the Department of Economics of the University of Chicago, and 1935 received a Bachelor of Arts degree from the University of Chicago. In the same year, he entered Harvard University for further study. 1936 and 194 1 received master of arts and doctor of philosophy degrees from Harvard university. Teaching at MIT from 1940. He is also a consultant to many government agencies, and has served as a consultant to the National Resource Planning Bureau, the Wartime Production Bureau, the Budget Bureau, the Ministry of Finance, the President's Council of Economic Advisers, the Federal Reserve Board and the Rand Corporation. 194 1 won the Dr. David wells dissertation award of Harvard university; 1947 won the John Bates Clark Award of American Economic Association; 1970 was awarded the honorary medal of Swahili University, Illinois; 197 1 won the Albert Einstein Award of the National Academy of Sciences, etc. 1952 president of econometrics association; 196 1 is the president of American Economic Association; 1965 ——1968 president of international economic association, etc.