Sentences with phrase «foundations of economic analysis»

In 1947 Samuelson, an assistant professor of economics at the Massachusetts Institute of Technology, published Foundations of Economic Analysis, a book which is considered to be the seminal work in the integration of mathematics and economics.

Paul Samuelson argued in a 1983 paper Foundations of Economic Analysis published by Harvard University that giving equilibrium markets what he described as a «normative meaning» or a value judgment was a misstep.

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