Paul A. Samuelson is Professor Emeritus of Economics and Institute Professor Emeritus at the Massachusetts Institute of Technology. In 1970 he became the first American to win the Nobel Prize in Economics. His landmark 1947 book, "Foundations of Economic Analysis," based upon his Ph.D. dissertation at Harvard University, established him as "the economists' economist" by raising the standards of the entire profession. Paul Samuelson's classic textbook, "Economics," first published in 1948, is among the most successful textbooks ever published in the field.