Paul Solman: I’ve done numerous interviews with Paul Samuelson over the years. Invariably, he was funny, imaginative and deep. Particularly memorable was a long session on the basics of economics ...

Economics is a branch of social science focused on the production, distribution, and consumption of goods and services.

Paul Solman: On Tuesday, we posted the first transcript from a series of interviews I’ve done with Paul Samuelson over the years. This installment picks up where the last left off, explaining the most ...