Paul Samuelson was at the heart of a revolution in economics. He was "the foremost academic economist of the 20th century," according to the New York Times, and the first American to win the Nobel Prize in Economics. His work transformed the field of economics and helped give it the theoretical and mathematic rigor that increased its influence in business and policy making. In Founder of Modern Economics, Roger E. Backhouse explores the central importance of Samuelson's personality and social networks to understanding his intellectual development. This is the first of two volumes covering Samuelson's extended and productive life and career. This volume surveys Samuelson's early years growing up in the Midwest to his experiences at the University of Chicago and Harvard University, where leading scholars in economics and other disciplines stimulated and rewarded his curiosity. His thinking was influenced by the natural sciences and he understood that a critical, scientific approach increased insights into important social and economic questions. He realized that these questions could not be answered through rhetorical debate but required rigor. His "eureka" moment came, he said, when "a good fairy whispered to me that math was a skeleton key to solve age old problems in economics." Backhouse traces Samuelson's thinking from his early days to the publication of his groundbreaking book Foundations of Economic Analysis and Economics: An Introductory Analysis, which influenced generations of students. His work set the stage for economics to become a more cohesive and coherent discipline, based on mathematical techniques that provided surprising insights into many important topics, from business cycles to wage and unemployment rates, and from how competition influences trade to how tax rates affects tax collection. Founder of Modern Economics is a profound contribution to understanding how modern economics developed and the thinking of a revolutionary thinker.
A middle-aged widower, Eaton had recently married Margaret O'Neale Timberlake, the daughter of a Washington tavern keeper. Her first marriage had been to a ...
10 When the funeral party reached Kearney she cried out to Sheriff Timberlake , " Oh , Mr. Timberlake , my son has gone to God , but his friends still live ...
Lt. John Timberlake was smitten, talked her into marrying him, and then was forced to leave his bride for an extended naval voyage.
The supporting cast, including Lionel Barrymore as Jackson, Tone as Eaton, Robert Taylor as Timberlake, and James Stewart as another persistent suitor, ...
Student assistant Corrie E. Ward and faculty secretaries Nina Wells and Susan G. Timberlake provided invaluable assistance .
Kroper Priate WAZ e Hale curie Tarner Zur National Forces . ... N. MICHLER , nie22 Ernest 2 Maj . of Engineers , M.Guna Timberlake Wins Zone For HRJohnson ...
According to Robert E. L. Krick of Richmond in an e-mail message, the only likely candidates ... the prison adjutant, and a clerk known only as Timberlake.
Edward A. Bloom ( 1964 ) ; revised in Muir , Shakespeare the Professional ( 1973 ) ... A. W. Pollard ( 1923 ) , 57-112 Timberlake , Philip W. , The Feminine ...
Richard Timberlake, 7746 Origins of Central Banking in the United States ... 1820, in Thomas Jefferson, 7726 Selected I/Vritings of 7740mas]e erson, ed.
We'd picked the green tomatoes just before the frost and let them ripen in buckets. Every day we'd sort through them looking for some that were ripe enough ...