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No, that is Adam Smith. He wrote a book called 'the Wealth of Nations'. The fundamental ideas of modern economics have been stated in that book.

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โˆ™ 2011-06-14 20:28:19
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Q: Is Paul Samuelson the Father of modern economics?
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Nobel prize winners in economics 1970?

Paul A. Samuelson.


Who won the noble prize in economics 2008?

Paul krugman (United states)


Who is the first economist to receive the nobel prize in economics in single?

Paul A.Samuelson


Who won the Nobel Prize in Economics in 2008?

Paul Krugman for his analysis of trade patterns and location of economic activity.


How have various individuals defined economics?

(see the related definition question) - Economics is a science that deals with the production and distribution of a country's resources. - Economics is a social science that deals with the utilization of a country's natural resources. - Economics is a social science that studies how people are influenced by the economic system around them. For example, if the price of certain commodity goes up, people will try to conserve that commodity or buy something that costs less. - "Economics is the study of mankind in the ordinary business of life; it examines that part of an individual and social action which is most closely connected to the attainment of and the use of the material requisites of well-being."-Alfred Marshall, British economist (1900) - "Economics is a science that deals with the study of human behavior as a relationship between ends and scarce means which have alternative uses."-Lionel Robbins, British economist (1935) According to Prof. Paul A Samuelson "Economics is the study of how men and society choose with or without the use of money, to employ the scarce productive resources which have alternative uses, to produce various commodities over time and distribute them for consumption now and in future among various people and groups of society. It analyses the costs and benefits of improving pattern of resource allocation".(1948)

Related questions

Nobel prize winners in economics 1970?

Paul A. Samuelson.


What is Paul Samuelson's birthday?

Paul Samuelson was born on May 15, 1915.


When was Paul Samuelson born?

Paul Samuelson was born on May 15, 1915.


When did Paul Samuelson die?

Paul Samuelson died on 2009-12-13.


The year in which Paul Samuelson complete his doctor of philosophy degree?

what year did Paul Samuelson completed philosophy degree


What Nobel Prize did Paul A. Samuelson win and when was it awarded?

Paul A. Samuelson won The Prize in Economic Sciences in 1970.


What has the author Paul Anthony Samuelson written?

Paul Anthony Samuelson has written: 'Problems of the American economy' -- subject(s): Addresses, essays, lectures, Economists 'Economia' 'Economics from the heart' -- subject(s): Economics 'The Samuelson sampler' -- subject(s): Economic policy, Economics, Economic conditions 'Economics' -- subject(s): Economics 'Macroeconomics.' -- subject(s): Macroeconomics 'The gains from international trade' -- subject(s): Commerce 'After the war, 1918-1920' -- subject(s): Reconstruction (1914-1939), Economic conditions 'International factor price-equalisation once again' -- subject(s): Prices 'The collected scientific papers' -- subject(s): Collected works, Economics 'Problems of the American economy' -- subject(s): Economists, Addresses, essays, lectures


Who was Paul Samuelson's PhD advisor at Harvard?

lloyd metzler


Who is considered the father of modern art?

Paul Cezanne.


Who was the founder of modern art?

Paul Cezzane - considered father of modern art


Does Paul have a nickname?

He is occasionally referred to as the "Father of Modernism" or the "Father of Modern Art".


Does Paul Cezanne have a nickname?

He is occasionally referred to as the "Father of Modernism" or the "Father of Modern Art".

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