thesis. Keynes lived from June 5, 1883 to April 21, 1946. He was a British economist, journalist, and financier, best known for his revolutionary economic theories (Keynesian economics) on the causes of unemployment and level of national income. Samuelson makes his mathematical formulations in the context of neo-Keynesian economic theory.Another influence of Samuelson is his own life. He lived through significant events such as the depression and World War II. During these years, economic conditions varied from one extreme to another. Because Samuelson lived during these times his work centers on these types of issues.Whom did Paul Samuelson influence? Millions of college undergraduates study economics using Samuelson's textbook Economics: An Introductory Analysis. Since its first edition in 1948, Economics has sold more than 4 million copies and has been translated into 41 languages. It is the most successful economics textbook ever written. A lot of policy is still being made and a lot of journalism written by people who learned economics from Paul Samuelson. He has set the style for several generations of economists during the last decades.An individual Samuelson influenced was Joseph E. Stiglitz, who he was a mentor to. Stiglitz is said to be the most prominent economic theorist of this generation. He is a professor at Stanford University, and is the chief economist and senior vice president at the World Bank. He was also an economic Advisor to President Bill Clinton. He uses mathematics and computer models to simulate economic behavior. Stiglitz studied under and highly respected Paul Samuelson for his work in economics and mathematics.Samuelson also influenced presidents of the United States. He served as an advisor to Presidents John F. Kennedy and Lyndon B. Johnson. Samuelson has had a lasting effect on the economy and political leaders of this century.SIGNIFICANT CRITICISMSIt is believed that in the area of mi...
