tailieunhanh - Inside the economist s mind phần 5

Luôn luôn được quan tâm trong một trò chơi trí tuệ, mặc dù nó không phải là thời trang, nó có thể có liên quan, Thiên Chúa không thực tế biết bạn-những gì có thể chỉ trích nó trên một triệu căn cứ. Một ví dụ điển hình là chi tiêu một vài năm làm việc | An Interview with Paul A. Samuelson 145 Samuelson was also instrumental in establishing the modern theory of production. His Foundations 1947 are responsible for the envelope theorem and the full characterization of the cost function. He made important contributions to the theory of technical progress 1972 . His work on the theory of capital is well known if contentious. He demonstrated one of the first remarkable Non-Substitution theorems 1951 and in his famous paper with Solow 1953 initiated the analysis of dynamic Leontief systems. This work was reiterated in his famous 1958 volume on linear programming with Robert Dorfman and Robert Solow wherein we also find a clear introduction to the turnpike conjecture of linear von Neumann systems. Samuelson was also Joan Robinson s main adversary in the Cambridge Capital Controversy introducing the surrogate production function 1962 and then subsequently and graciously relenting 1966 . In international trade theory he is responsible for the Stolper-Samuelson Theorem and independently of Lerner the Factor Price Equalization theorem 1948 1949 1953 as well as finally resolving the age-old transfer problem relating terms of trade and capital flows as well as the Marxian transformation problem 1971 and other issues in Classical economics 1957 1978 . In macroeconomics Samuelson s multiplier-accelerator macrodynamic model 1939 is justly famous as is the Solow-Samuelson presentation of the Phillips Curve 1960 to the world. He is also famous for popularizing along with Allais the overlapping generations model which has since found many applications in macroeconomics and monetary theory. In many ways his work on speculative prices 1965 effectively anticipates the efficient markets hypothesis in finance theory. His work on diversification 1967 and the lifetime portfolio 1969 is also well known. Paul Samuelson s many contributions to Neoclassical economic theory were recognized with a Nobel Memorial prize in 1970. Barnett As an .