What was Samuelson's approach towards mathematics in economics?
He considered it the "natural language" for economists
He thought it was unnecessary
He believed it complicated economic theory
He thought it should be used sparingly
Answer
Samuelson considered mathematics the "natural language" for economists, and he advocated using it as much as possible to make economics more rigorous and scientific. He believed that economics should be a science, and that mathematics was the best way to make it a science.
The Samuelson Saga: Unraveling the Legacy of an American Economist!
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