From The Wall Street Journal:
Paul A. Samuelson, whose analytical work laid the foundation for modern economics, died Sunday. He was 94.
“Paul Samuelson was both a path-breaking and prolific economic theorist and one of the greatest teachers that economics has ever known,” said Federal Reserve chairman Ben Bernanke, a former student of Mr. Samuelson’s at the Massachusetts Institute of Technology. “I join with many other former students and colleagues of Paul’s in mourning the passing of a titan of economics.”
Actively publishing into the 2000s, Mr. Samuelson’s career in economics spanned eight decades. As a high school student in 1932, he wandered into an economics lecture at the University of Chicago and was enamored. But attending Chicago as an undergraduate, he became keenly aware, he said in an interview with The Wall Street Journal earlier this year, of the differences between what was being taught in the classroom and “what I heard out the windows and I heard from the street.”
Read the full story of Paul Samuelson here.
