Word: samuelson
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...book contains no sex, drugs or florid writing, but it is a best seller on college campuses all the same. Titled simply Economics, the classic textbook by Nobel Laureate Paul Samuelson has sold nearly 4 million copies since its 1948 debut. In the twelfth version, published last week by McGraw-Hill ($32.95), Samuelson for the first time has a co-author, Yale Professor William Nordhaus, who served on President Carter's Council of Economic Advisers. Samuelson, 69, who will retire in May from his professorship at Massachusetts Institute of Technology, chose Nordhaus, 43, to help keep the book timely...
...arguments against trade unions are long and familiar; every economics textbook since Samuelson's has insisted that unions restrict the labor supply and extract from management higher wages for a blue collar elite, at the expense of jobs for thousands of others. And ever since organized labor became an integral part of the American economy, experts have called unions inefficient and unproductive because they give too many jobs to unions members who perform superfluous functions. Laymen, too, dislike unions simply for the corruption they feel many unions leaders display...
Other Cambridge professors included in the blacklist were MIT economics professors Lester Thurow and Paul Samuelson...
Both Thurow and Samuelson were not available for comment last night but Thurow had apparently already heard of his inclusion in the list, according to his wife...
...Others: Economists John Kenneth Galbraith, Paul Samuelson and Lester Thurow; Carter Administration officials Patricia Roberts Harris, James Schlesinger and Stansfield Turner; Poet Allen Ginsberg; former National Security Adviser McGeorge Bundy; and CIA nemesis Philip Agee...