For better or worse, the picture album whose pages I have been turning is that of the main stream of international economics. Many of its advances lie in what the historian of science Thomas Kuhn would call 'normal' rather than 'revolutionary' science. It is hard to imagine having had too good an education and too good a research environment. And yet as we grapple with the ever-changing problems of the modern world that are arising in the deliberations of this World Congress, we know we must put aside the pictures and souvenirs of the past, and we must turn a youthful eye out to meet the emerging universe.
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About Paul Samuelson
Paul Samuelson was a 20th-century American economist and nobel laureate. Paul Anthony Samuelson was an American economist who was the first American to win the Nobel Memorial Prize in Economic Sciences. When awarding the prize in 1970, the Swedish Royal Academies stated that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory". Read more on Wikipedia →