hat he calls a 'neoclassical synthesis' of ancient and modern economic findings. In short, his synthesis is that nations today can successfully control either depression or inflation by fiscal and monetary policies. It is the feeling of some economists that Samuelson's book is really his greatest contribution. It has gone a long way toward giving the world a common economic language" (Anonymous, bio.html).Some of Samuelson's students and fellow theorists who joined him in his theories were Joan Robinson of Cambridge University who was a colleague and student of Keynes, as well as J. R. Hicks of Oxford who was not only substantially influenced but also made significant contributions to the Keynesian theory.Samuelson had a global impact in that he communicated with many politicians including President Kennedy. In one report to Kennedy, Professor Samuelson made certain minimal policy recommendations "that need to be pushed hard even if the current recession turns out to be one that can be reversed by next summer at the latest." He urged that there be strong support of pledged expenditure programs, including such things as increasing defense expenditures and foreign aid on a basis of merit and need. He also recommended pushing educational programs, high priority for urban renewal and health and welfare programs, highest priority on improving unemployment compensation, acceleration of useful public works and highway construction programs, help for depressed areas programs, and natural resource development projects (Anonymous bio.html).Because of Samuelson's Keynesian viewpoint on the aspect of taxation, and his unique beliefs on the theory of equilibrium in economic theory, it is obvious that his outlooks as far as taxation were concerned were at distinct odds with those of the classicists. Samuelson would favor an equilibrium tax, feeling that 'all things being equal' that equal taxation for the masses would be the most fair way to t...
