Economics? He wrote the book

By Alex Millmow
Updated April 18 2018 - 8:18pm, first published December 22 2009 - 12:00am

LAST week, the doyen of mainstream economics and its greatest proselytiser, Paul Samuelson, died. It can be safely said that Samuelson taught more people economics than anyone else. This was simply because of his best-selling textbook, Economics: an Intro-ductory Analysis, which was first published in 1948. It's now in its 19th American edition and has been translated into 20 languages, with 4 million copies sold. In Australia, there have been three generations of students who have studied the dismal science using an Australian adaption of his text. The adaption of the text was undertaken by two Flinders University economists, Bob Wallace and Keith Hancock.

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