samuelson in A Sentence

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    The Massachusetts Institute of Technology Samuelson.

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    Paul S Samuelson.

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    Paul Samuelson 's.

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    During his seven decades as an economist, Samuelson's professional positions included:.

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    This means that Samuelson's contributions range over a large number of different fields.

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    Gains from trade of intermediate goods are considerable, as it was emphasized by Samuelson(2001).

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    Market economics Samuelson believed unregulated markets have drawbacks, he stated,"free markets do not stabilise themselves.

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    Samuelson spent 15 years performing shows and teaching water skiing to people in the United States.

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    Samuelson moved to MIT as an assistant professor in 1940 and remained there until his death.

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    These‘revealed preferences', as they were named by Paul Samuelson, were revealed e.g. in people's willingness to pay:.

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    Paul Samuelson called the numbers used in Ricardo's example dealing with trade between England and Portugal the"four magic numbers.

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    More than any other contemporary economist, Samuelson has helped to raise the general analytical and methodological level in economic science.

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    Stanislaw Ulam once challenged Samuelson to name one theory in all of the social sciences which is both true and nontrivial.

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    Samuelson also said that the situation was being worsened by a less then responsible use by the United States of its privileged position.

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    The annual softball game between the Economics and Agricultural Economics departments of the University of California, Davis is referred to as the Samuelson Cup.

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    Samuelson's influential textbook has been criticized for including comparative growth rates between the United States and the Soviet Union that were inconsistent with historical GNP differences.

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    Rather than postulate a utility function or a preference ordering, Samuelson imposed conditions directly on the choices made by individuals- their preferences as revealed by their choices.

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    Samuelson strongly criticised Friedman and Friedrich von Hayek arguing their opposition to state intervention"tells us something about them rather than something about Genghis Khan or Franklin Roosevelt.

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    After the chairman's opening remarks, William Samuelson spoke on the subject“ How You Can Be Like a Luxuriant Olive Tree in God's House,” based on Psalm 52: 8.

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    At a higher level of generality, Paul Samuelson's treatise Foundations of Economic Analysis(1947) used mathematical methods to represent the theory, particularly as to maximizing behavioral relations of agents reaching equilibrium.

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    Between 1960 and 1961, Sen was a visiting Professor at Massachusetts Institute of Technology in the United States, where he got to know Paul Samuelson, Robert Solow, Franco Modigliani, and Norbert Wiener.

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    At a higher level of generality, Paul Samuelson's treatise Foundations of Economic Analysis(1947) used mathematical methods beyond graphs to represent the theory, particularly as to maximizing behavioral relations of agents reaching equilibrium.

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    Samuelson wrote:“It is not too much to say that the widespread creation of dictatorships and the resulting World War II stemmed in no small measure from the world's failure to meet this basic economic problem adequately”Mankiw,

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    Similar patterns were found in other countries and in 1960 Paul Samuelson and Robert Solow took Phillips' work and made explicit the link between inflation and unemployment: when inflation was high, unemployment was low, and vice versa.

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    Samuelson wrote:“It is not too much to say that the widespread creation of dictatorships and the resulting World War II stemmed in no small measure from the world's failure to meet this basic economic problem[the Great Depression] adequately.”.

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    Borrowing a notion apparently first used in economics by Paul Samuelson, this model of taxation and the predicted dependency of output on the tax rate, illustrates an operationally meaningful theorem; that is one requiring some economically meaningful assumption that is falsifiable under certain conditions.

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    Several years later, Samuelson responded with David Ricardo's theory of comparative advantage: That it is logically true need not be argued before a mathematician; that is not trivial is attested by the thousands of important and intelligent men who have never been able to grasp the doctrine for themselves or to believe it after it was explained to them.

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