A wide-ranging collection of essays by the Nobel Prize-winning economist explores various facets of the American economy, discussing the link between economics and government, investments, and other important topics
Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist. The first American to win the Nobel Memorial Prize in Economic Sciences, the Swedish Royal Academies stated, when awarding the prize in 1970, that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory". Economic historian Randall E. Parker has called him the "Father of Modern Economics", and The New York Times considered him to be the "foremost academic economist of the 20th century"
How in the world did I come to read this book, a collection of Newsweek essays on economics published between 1969 and 1981? Well, it was the most interesting thing in a pile of free books that I passed on the way home. It seems unfair to give it a star rating in 2019. It was still fun, in a way, to read how "prudent depositors transfer their assets to money-market funds that now pay up to 14 per cent." (p. 138) Clearly it was a very different time.