Monday, December 14, 2009

R.I.P. Paul Samuelson

Paul Samuelson has died at the age of 94. Ed Glaeser:
He was an immortal among dismal scientists: one of the mighty trio, along with Kenneth Arrow and Milton Friedman, who dominated post-war economics, the great formalizer of the field.

Friedman’s policy insights may have been more radical and significant; Arrow’s genius may have produced more beautiful gems of economic theory. But it was Samuelson who gave economists our toolbox — the mathematical methods that define our field — and the magnitude of that gift made him an indispensible economist.
More from Marginal Revolution.

Mario Rizzo wishes "to strike a discordant note."

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