Samuelson was born in Gary, Indiana, USA in 19 15. 20 years old, (1935) graduated from the university of Chicago with a bachelor of arts degree; In the second year, he got a master's degree, a degree from Harvard University. Five years later (194 1 year), he received his doctorate from Harvard University. In addition, Samuelson also received honorary degrees from several universities. His doctoral thesis entitled "The Operational Significance of Economic Theory" won the David A. Wells Award from Harvard University. At the annual meeting of the American Economic Association from 65438 to 0947, Paul Douglas, as the president of the American Economic Association, awarded the first American john bates clark Medal, which was not yet full.
40-year-old Samuelson, and predicted that Samuelson had an infinite future in the field of economics. Sure enough, Samuelson lived up to expectations. Twenty-three years later (1970), he won the Nobel Prize in Economics, the highest prize in the world. Since 1940, Samuelson has been teaching at MIT and is now a professor of economics. In addition, Samuelson also served as the president of American Econometrics Association (195 1), American Economic Association (196 1) and International Economic Association (1965~ 1986) and had a lifelong reputation.
Samuelson's works are rich, including: Fundamentals of Economic Analysis (1947. ), Economics (1948. ), Linear Programming and Analysis (2000), 1958. ), as well as a large number of articles written separately and co-authored with Dofman and Thoreau, were compiled into the first, second, third, fourth and fifth episodes of Paul A Samuelson Science Essays.
Commenting on Samuelson's influence in the field of economics, some economists pointed out that Samuelson is everywhere in the field of economics. When people entered the university to study economics, they met Samuelson and read Samuelson's textbook Economics. When entering the research of high-level economic theory, people still cannot leave Samuelson. At this time, Samuelson's "Basis of Economic Analysis" became a guide to economic theory research; In almost all fields of economics, such as microeconomics, macroeconomics, international economics and quantitative economics, people can always get inspiration and reference from Samuelson's related works.
As a representative of neoclassical economics and Keynesian economics, Samuelson's theoretical viewpoints condensed the orthodox theoretical viewpoints of a whole generation of western economics and became the theoretical basis for western governments to formulate economic policies. In the 1970s, the economies of western countries fell into a "stagflation" dilemma.
The economic policy based on "neoclassical synthesis" went bankrupt, and Samuelson's economic theory was challenged from all sides, thus forming a protracted debate in western economics. Although the orthodox position of Samuelson's economic theory has been shaken, the economy of western countries, as a mixed economy, is still inseparable from Samuelson's economic theory. Samuelson also absorbed many important theoretical viewpoints from the economic theories of other schools, and revised and improved his own theory to adapt it to the changed economic situation. From this point of view, Samuelson still has the demeanor of an economist. As a non-Marxist economist, Samuelson holds a fundamental negative attitude towards Marx's economic theory, especially his value theory (labor value theory and surplus value theory). And published some articles criticizing Marx's economic theory. In these critical articles, Samuelson's basic position of opposing Marx's economic theory and maintaining traditional economics (mainly neoclassical economics) is highlighted.