Is Personal Finance a Science?

Contributed by Boston University, Federal Reserve Bank of Boston, and the Research Foundation of CFA Institute

Legendary Nobel Laureate and economist, Paul Samuelson, discusses personal life-cycle finance, the implication of personal risk tolerance, and the future of retirement savings.


Photo of Paul A. Samuelson

Paul A. Samuelson is professor of economics at Massachusetts Institute of Technology. He is the author of hundreds of articles and the books Foundations of Economic Analysis and Economics: An Introductory Analysis, the best-selling economics textbook of all time. Professor Samuelson has served as an economic consultant to the RAND Corporation, the U.S. Federal Reserve Bank, and President John F. Kennedy. He is a member of the American Academy of Arts and Sciences, a fellow of the American Philosophical Society and the British Academy, a member and past president of the American Economic Association, and a fellow, council member, and past vice president of the Economic Society. Professor Samuelson is a recipient of the David A. Wells Prize and the John Bates Clark Medal. He holds a BA from Chicago University and an MA and PhD from Harvard University.

This information is accurate as of the date of recording.



  • Portfolio Management
  • Private Wealth Management
  • Economics

Price (USD)

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Standard Rate: FREE
University: FREE


Length: 32min
Posted: 2/8/2007
Recorded On: 10/25/2006
CE Credits: 0.5 CE
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