Wednesday, December 16, 2009

Rest In Peace: Paul Samuelson

Prof. Samuelson, wherever you are. Rest in peace. I learned the basics of mainstream economics through the 14th edition of your textbook Economics. I enjoyed it quite well, even though the terms and explanations we daunting. After a while, my knowledge of economics stagnated. Then in early 2009, I was converted to the Austrian School of Economics. I later learned that your book preaches unsound Keynesian Economics. But in fairness to you, your work is still closer to the truth than any Marxian propaganda. Whenever I would need to refer to mainstream work, I will still refer to your book.

You may be gone, but your legacy among economists will still remain. I'm of the Vienna School, but I will be one of those who mourn for your passing last Sunday.

Posted via email from Elevic Pernis @ Posterous

No comments: