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...professor Paul A. Samuelson, author of a popular economics text and developer of static and dynamic economic theory, was awarded the 1970 Nobel Prize in Economics yesterday...

Author: NO WRITER ATTRIBUTED | Title: Professor Samuelson Wins Nobel Prize in Economics | 10/27/1970 | See Source »

...announcing the $80,000 award, Sweden's Royal Academy of Science said that Samuelson, "by his many contributions, has done more than any other contemporary economist to raise the level of scientific analysis in economic theory...

Author: NO WRITER ATTRIBUTED | Title: Professor Samuelson Wins Nobel Prize in Economics | 10/27/1970 | See Source »

...Inflation is slowing. M.I.T. Economist Paul Samuelson thinks that the peak of inflation was passed in the first quarter. The consumer price index in June rose at a seasonally adjusted rate of 4.8%, down from 6% in May. Economists, like housewives, are far from satisfied with that improvement. Still, the June movement looked like a trend, because it followed an earlier deceleration in wholesale price indexes. Wholesale meat prices, for example, began to drop in April, and last month beef and pork prices fell at the supermarket counter. Paul McCracken, the President's chief economist, testified that he expects...

Author: /time Magazine | Title: Business: The Economy: Trying to Speed Up a Recovery | 8/3/1970 | See Source »

...market slide could contribute to the political turmoil by helping to aggravate the business downturn. Economists generally do not consider the market a major determinant of the pace of business, but most concede that, in Paul Samuelson's words, "There is a little wagging of the dog by the tail." A continued stock slump would make it more difficult for corporations to raise money by selling new shares-and that is already extremely difficult. Nixon's economic advisers have tended to ignore the market, but now they are paying a little more attention. They know that retail sales...

Author: /time Magazine | Title: Business: Chinese Torture in the Stock Market | 5/25/1970 | See Source »

...left Hand was a Crocodile-bound Edition of Adam Smith's Wealth of Nations. Dropping from his Right was a golden Sling, in whose Pouch rested a Bronze-studded, Morocco-bound Copy of Samuelson's Economics. Gazing down with Compassion at the charging, wildly braying, thundering Hordes, a Talon grazed near...

Author: By Algernon Mews, | Title: A Tale of Dissent | 1/23/1970 | See Source »

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