Inside the Economist's Mind Conversations with Eminent Economists

ISBN-10: 1405159170
ISBN-13: 9781405159173
Edition: 2007
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Description: This volume is compiled by Paul A. Samuelson, winner of the 1970 Nobel Prize in Economics. He brings together a collection of peer interviews to create an account of the development of modern economics and gives a personal history of those who  More...

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Book details

List price: $48.95
Copyright year: 2007
Publisher: John Wiley & Sons, Incorporated
Publication date: 12/22/2006
Binding: Paperback
Pages: 456
Size: 6.00" wide x 9.00" long x 1.00" tall
Weight: 1.452
Language: English

This volume is compiled by Paul A. Samuelson, winner of the 1970 Nobel Prize in Economics. He brings together a collection of peer interviews to create an account of the development of modern economics and gives a personal history of those who helped found it.

Paul Samuelson was the first American recipient of the Nobel Prize in economics. Born in Indiana, he did his undergraduate work at the University of Chicago and earned a Ph.D. at Harvard University, where he studied with Alvin Hansen. He taught for several decades at M.I.T. Samuelson's first major work was Foundations of Economic Analysis (1947), a mathematical treatment of economic theory and principles. Later he made extensive contributions to professional journals in virtually all areas of economic theory. Often he would be the first to offer a mathematical proof of a proposition when most other economists could sense it only intuitively. In 1948 he published the first edition of Economics, one of the most successful and influential college texts of our time. It provided an extremely comprehensive treatment of Keynesian economics and microeconomic principles, and played an important part in educating a generation of economists. Despite Samuelson's role in providing mathematical refinements for economic theory, he has always maintained a public posture, welcoming opportunities to share his views. He was an economic adviser to President John F. Kennedy and wrote a popular column for Newsweek from 1966 to 1981. He has generally favored an interventionist approach in policy matters, especially when it has involved using the tax system to battle poverty, fight inflation, or balance the budget. One of the world's most respected economists, Samuelson is responsible for rewriting considerable parts of economic theory. He has, in several areas, achieved results that rank among the classic theorems in economics.

Axel Seemann is Associate Professor in the Department of Philosophy at Bentley University.William A. Barnett is Oswald Distinguished Professor of Macroeconomics at the University ofKansas, Director at the Center for Financial Stability in New York City, and Senior Fellow at theIC2 Institute at the University of Texas at Austin. He is Editor of the eminent journalMacroeconomic Dynamics and is coauthor with Nobel Laureate Paul A. Samuelson ofthe book Inside the Economist's Mind, translated into seven languages. He was onthe staff of the Federal Reserve Board from 1974 to 1982.

About the Editors
Coeditor's Foreword: Reflections on How Biographies of Individual Scholars Can Relate to a Science's Biography
Coeditor's Preface: An Overview of the Objectives and Contents of the Volume
History of Thought Introduction: Economists Talking with Economists, An Historian's Perspective
The Interviews
An Interview with Wassily Leontief
An Interview with David Cass
An Interview with Robert E. Lucas, Jr.
An Interview with Janos Kornai
An Interview with Franco Modigliani
An Interview with Milton Friedman
An Interview with Paul A. Samuelson
An Interview with Paul A. Volcker
An Interview with Martin Feldstein
An Interview with Christopher A. Sims
An Interview with Robert J. Shiller
An Interview with Stanley Fischer
An Interview with Jacques Dreze
An Interview with Thomas J. Sargent
An Interview with Robert Aumann
Conversations with James Tobin and Robert J. Shiller on the "Yale Tradition" in Macroeconomics

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