Samuelsonian Economics and the Twenty‐First Century

Abstract

INTRODUCTION Ten Ways to Know Paul A. Samuelson ANALYSIS OF SAMUELSON'S SPECIFIC CONTRIBUTION Overlapping Generation Models 1. Overlapping Generations 2. Paul Samuelson's Amazing Intergenerational Transfer 3. Social Security, the Government, and National Savings Public Goods 4. Paul Samuelson and Global Public Goods Preference and Consumer Behavior 5. Revealed Preference 6. Samuelson's "Dr. Jekyll and Mrs. Jekyll" Problem: A Difficulty in the Concept of the Consumer Marx 7. Paul Samuelson on Karl Marx: Were the Sacrificed Games of Tennis Worth It? Stability 8. Paul Samuelson and the Stability of the General Equilibrium Keynes & Post-Keynesians 9. Paul Samuelson and Piero Sraffa- Two Prodigious Minds at the Opposite Poles 10. Paul Samuelson as a "Keynesian" Economist 11. Samuelson and the Keynesian/Post-Keynesian Revolution International Economics and Finance 12. Paul Samuelson and International Trade Theory Over Eight Decades 13. Paul Samuelson's Contributions to International Economics 14. Protection and Real Wages: The Stopler-Samuelson Theorem Finance and Portfolio Theory 15. Samuelson and the Factor Bias of Technology Change 16. Samuelson and Investment for the Long Run 17. Paul Samuelson and Financial Economics SAMUELSON'S RELEVANCE Relevance to Mathematical Economics 18. Multipliers and the LeChatelier Principle Relevance to the Natural Sciences 19. The Surprising Ubiquity of the Samuelson Configuration 20. Paul Samuelson's Mach