Cover of Foundations of Economic Analysis

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Foundations of Economic Analysis

by Paul Anthony Samuelson · Recommended by 2 people on 2 podcasts

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And samelson in particular he was a University of Chicago undergraduate and then went off to graduate school and his thesis was called foundations of economic analysis so all he did was redo all of Economics properly.
Richard Thaler · Freakonomics Radio · Jul 2024 Listen at 24:08

The best things said about it

1 of 3 · every mention
Discussed
Uh the 1948 foundations of economic analysis had a big impact on the field.
Russ Roberts EconTalk · Nov 2023

Why people recommend it

Foundations of Economic Analysis by Paul Anthony Samuelson is a seminal 1948 economics text that profoundly shaped the discipline by applying advanced mathematics to human behavior and economic theory in unprecedented ways. On Freakonomics Radio, Richard Thaler discussed the work while tracing the post-World War II mathematical revolution in the field, noting that Samuelson had transformed economics fundamentally during his graduate studies at the University of Chicago. Similarly, Russ Roberts brought up Samuelson's influential book on multiple occasions on EconTalk. In one conversation with Tyler Cowen, Roberts noted the massive impact the 1948 publication had on the trajectory of the profession. In another episode featuring Nicholas Wapshott, Roberts described the volume as a crucial crossroads for the economic profession, marking the definitive turn toward formal mathematical application to human behavior that had not been executed in that manner previously. Together, these commentators recognized Samuelson's foundational text as a monumental turning point that permanently altered academic research and methodology within the economic sciences.

Every mention

3 counted mentions · 1 passing or ad reads below
Russ Roberts uh the 1948 foundations of economic analysis had a big impact on the field 2
Discussed
“uh the 1948 foundations of economic analysis had a big impact on the field”
Discussed
“but his 1948 book foundations of economic analysis is really a uh the crossroads of the profession where it turned toward the application mathematics to human behavior in a way that hadn't been done in that way before”
Richard Thaler and samelson in particular he was a University of Chicago undergraduate and then went off to graduate schoo… 1
Discussed
“and samelson in particular he was a University of Chicago undergraduate and then went off to graduate school and his thesis was called foundations of economic analysis so all he did was redo all of Economics properly”

Also mentioned in the same episodes

Other mentions (1: passing, ad reads, own books)
Passing
“And it was led by people like Paul Samuelson and Kenneth Arrow, and Samuelson in particular, he was a University of Chicago undergraduate and then went off to graduate school, and his thesis was called 'Foundations of Economic Analysis.'”