Paul A. Samuelson Biography

Paul Samuelson was an American economist and the first American to receive the Nobel Memorial Prize in Economic Sciences. He is widely regarded as the 'Father of Modern Economics,' credited with significantly raising the standard of scientific analysis in economic theory. Samuelson's contributions were marked by his application of mathematical methods to economic problems and his synthesis of various economic schools of thought. His influence shaped an entire generation of economists, and his ideas continue to resonate today.