Word: samuelson
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Dates: during 1950-1959
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...series of Economics professors have completed an evaluation of the late Joseph A. Schumpeter, George F. Baker Professor of Economics. Under the editorship of Seymour E. Harris '20, the book is called "Schumpeter, Social Scientist" and contains pieces by Alvin H. Hansen, Edward S. Mason, Paul A. Samuelson, Edward H. Chamberlain, and David McCord Wright...
...been risky; he has chosen to pioneer in a field whose worth has yet to be demonstrated. Some economists fear that the use of mathematical symbols in a science of human behavior is a sterile departure form reality. Others, such as Goodwin and the foremost mathematical economist, Professor Samuelson of MIT, believe that theoretical models complex enough to represent reality are possible only with the aid of mathematical tools...
...leaving is the loss of first-rate students. As for research, he has had an obligation to fulfill. Schumpeter, before his death, made Goodwin promise to finish a book before his five years as assistant professor were up. The work, on economic dynamics, was finally begun last fail; in Samuelson's opinion, "It will be a landmark." The book will be finished at Cambridge...