Awards & Winners

Paul Samuelson

Date of Birth 15-May-1915
Place of Birth Gary
(Indiana, United States of America, Lake County, Area code 219)
Nationality United States of America
Also know as Paul A Samuelson
Profession Scientist, Economist, Professor, Author
Paul Anthony Samuelson was an American economist, and the first American to win the Nobel Memorial Prize in Economic Sciences. The Swedish Royal Academies stated, when awarding the prize, that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory". Economic historian Randall E. Parker calls him the "Father of Modern Economics", and The New York Times considered him to be the "foremost academic economist of the 20th century". He was author of the largest-selling economics textbook of all time: Economics: An Introductory Analysis, first published in 1948. It was the second American textbook to explain the principles of Keynesian economics and how to think about economics, and the first one to be successful, and is now in its 19th edition, having sold nearly 4 million copies in 40 languages. James Poterba, former head of MIT's Department of Economics, noted that by his book, Samuelson "leaves an immense legacy, as a researcher and a teacher, as one of the giants on whose shoulders every contemporary economist stands". In 1996, when he was awarded the National Medal of Science, considered America's top science honor, President Bill Clinton commended Samuelson for his "fundamental contributions to economic science" for over 60 years.

Awards by Paul Samuelson

Check all the awards nominated and won by Paul Samuelson.


National Medal of Science for Behavioral and Social Science
(For fundamental contributions to economic science, specifically general equilibrium theory and macroeconomics, and to economic education and policy over a period fo nearly 60 years.)


Nobel Memorial Prize in Economic Sciences
(for the scientific work through which he has developed static and dynamic economic theory and actively contributed to raising the level of analysis in economic science)