Economy, asked by gayatripillai, 3 months ago

merits and demerits of growth definition by paul samuelson

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Who is Paul Samuelson?

Paul Samuelson was a noted academic economist who left a lasting imprint on the field. In 1970, Samuelson was the first American to be awarded the Nobel Memorial Prize in Economics for his outstanding contributions. Upon receiving the award, Samuelson was praised for raising "the level of scientific analysis in economic theory." His legacy includes a college textbook called Economics: An Introductory Analysis, first published in 1948, currently in its 19th edition, and available in 40 languages.

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