What perspective did Samuelson claim to represent?
"Cafeteria Keynesian"
Monetarist
Laissez-faire
Classical economics
Answer
Paul Samuelson claimed to represent the "Cafeteria Keynesian" perspective, which is a combination of Keynesian and neoclassical economic theory. Keynesian theory focuses on government intervention to stimulate the economy during recessions, while neoclassical theory emphasizes the role of markets in allocating resources.
The Samuelson Saga: Unraveling the Legacy of an American Economist!
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