Paul Samuelson, the Nobel Prize winner in Economics in 1970 has died at the age of 94 year old. Paul Samuelson is recognized for his great contribution and analytical work which laid the foundation of modern economics.

With over 8 decades of amazing work in the economics field, Paul Samuelson was very active even till the last years of his life. He published many economics papers and was awarded the Nobel Economics prize in 1970. The Nobel prize in Economics was launched in 1969 and Paul Samuelson is the 2nd person in the world to have obtained this title.

Paul Samuelson studied at the University of Chicago and received his BA degree in 1935. In 1936 Paul Samuelson completed his MA and was awarded a Doctor in Philosophy in 1941. Paul Samuelson PhD thesis of 1941 was later published as Foundation of Economic Analysis.

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