Paul A. Samuelson (May 15, 1915 — December 13, 2009) has often been described as the foremost academic economist of the 20th century. Randall E. Parker, the economic historian, has called him the “Father of Modern Economics”. All this may be hotly disputed in Chicago, but in any case, Samuelson was the first American to receive the Nobel prize in economic sciences. The Swedish Royal Academy’s citation stated that he...

A professor in formal attire, driving his own Beetle to the sprawling Massachusetts Institute of Technology (MIT) campus and turning up in class to “open up visions of his students” — that’s how Bengal finance minister Asim Dasgupta remembers his teacher, Paul A. Samuelson. Samuelson, who helped form the basis of modern economics, died yesterday at his home in Belmont, Massachusetts, after a brief illness. He was 94. “He was a...

Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline from...

The Central Information Commission has ordered the IITs to disclose most details of candidates who sat the 2009 entrance examination, rejecting the institutes’ argument that revealing candidates’ names would be a breach of their privacy. India’s apex watchdog for the Right to Information Act has ordered the IITs to reveal the names, addresses, pin codes and marks of all students who appeared in the Joint Entrance Examination this year. In its November...

In a recent lecture, delivered in Mumbai in memory of Nani Palkhivala, the home minister, P. Chidambaram, attacked “left-leaning intellectuals” and “human rights groups”, who, in his view, “plead the naxalite cause ignoring the violence unleashed by the naxalites on innocent men, women and children”. “Why are the human rights groups silent?” asked the home minister. The short answer is that they aren’t, and haven’t been, silent. There are very...