American economist and the first American to win the Nobel Memorial Prize in Economic Sciences. Samuelson was likely the most influential economist of the later 20th century. He entered the University of Chicago at age 16, during the depths of the Great Depression, and received his PhD in economics from Harvard. He served as an advisor to Presidents John F.
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Samuelson was born in Gary, Indiana, on 15 May 1915, to Frank Samuelson, a pharmacist, and the Ella née Lipton.