How good was Paul Samuelson’s macroeconomics?

25 Feb 2024 Leave a comment

by Jim Rose in business cycles, economic history, history of economic thought, macroeconomics, Milton Friedman, monetary economics Tags: ,

Reading the new Nicholas Wapshott book and also Krugman’s review (NYT) of it, it all seemed a little too rosy to me. So I went back and took a look at Paul Samuelson the macroeconomist. I regret that I cannot report any good news, in fact Samuelson was downright poor — you might say awful […]

How good was Paul Samuelson’s macroeconomics?

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