Item Details

Foundations of Economic Analysis.

Cambridge: Harvard University Press, 1953. First edition, third printing of the author's magnum opus amd one of the most influential economic texts of the 20th century. Octavo, original red cloth. Signed by the author on the title page, "Paul A. Samuelson MIT". Near fine in a very good dust jacket.

Paul Samuelson is one of the developers of both neo-Keynesian and neoclassical economics, the latter of which still dominates mainstream economics. He was awarded the Nobel Memorial Prize in Economic Sciences in 1970 for having written considerable parts of economic theory. One of Samuelson's many novel contributions was that he generalized and applied mathematical methods developed for the study of thermodynamics to the field of economics. His inspiration for doing so came, in part, from his mentor, polymath Edwin Bisdwell Wilson who was a former Yale student of the founder of chemical thermodynamics, Willard Gibbs. Samuelson, therefore, is a successful example of interdisciplinarity, and he combined these ideas in his magnum opus Foundations of Economic Analysis (1947).

Item #2136

Price: $1,500.00

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