Nobel economics laureate Samuelson dies at 94
China Daily | Updated: 2009-12-15 08:10
NEW YORK: Economist Paul Samuelson, who won a Nobel prize for his effort to bring mathematical analysis into economics, helped shape tax policy in the Kennedy administration and wrote a textbook read by millions of college students, died on Sunday. He was 94.
Samuelson, who taught for decades at the Massachusetts Institute of Technology, died at his home in Belmont, Massachusetts, the school said in a statement announcing his death.
US President Barack Obama's chief economic advisor, Lawrence Summers, is his nephew.
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