Paul Samuelson – Kruse Kronicle

Origins of the Myths of the Invisible Hand

Mar 18, 2009

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in Capitalism and Markets, Economics, History

Adam Smith's Lost Legacy: Origins of the Myths of the Invisible Hand I was looking for a reference in a book in my library and came across, at the back, as you do, my rather battered copy of Paul Samuelson’s popular textbook, ‘Economics’ (which I had looked unsuccessfully for many years). In the 1960s, later…

The Real Economic Scorecard

Sep 4, 2008

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by

mwkruse

in Economic News, Economics, Health and Medicine, Immigration, Poverty, Trends: Economic, Trends: Social, Wealth and Income

Real Clear Markets: The Real Economic Scorecard (Paul Samuelson) …Superficially, the conventional wisdom seems convincing. The Census Bureau found that median household income in 2007 was $50,233. Though up 1.3 percent from 2006, that was still less than the peak of $50,641 in 1999. (The median is the midpoint; all figures are in inflation-adjusted 2007…

Greenhouse Simplicities

Aug 15, 2007

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by

mwkruse

in Environment, Public Policy

Newsweek: Greenhouse Simplicities by Paul Samuelson. Maybe you saw Newsweek's recent cover story concerning global warming called The Truth About Denial. Personally, I can't remember reading a more impudent and vitriolic news article (as opposed to an opinion piece) in a major news magazine in a long time. I love Samuelson's response. It hits the…

Tag: Paul Samuelson

Origins of the Myths of the Invisible Hand

The Real Economic Scorecard

Greenhouse Simplicities