“The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.”

About Paul Samuelson

Economist • American

Paul Anthony Samuelson was a pioneering American economist and the first American to win the Nobel Memorial Prize in Economic Sciences in 1970. His seminal work, 'Foundations of Economic Analysis,' operationalized and...