Paul Samuelson (1962). "Economists and History of Ideas," The American Economic Review, March 1962 pp.

From the viewpoint of pure economic theory, Karl Marx can be regarded as a minor post-Ricardian.

— Paul Samuelson

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "From the viewpoint of pure economic theory, Karl Marx can be regarded as a minor post-Ricardian." in the context of "Paul Samuelson (1962). "Economists and History of Ideas," The American Economic Review, March 1962 pp." to mean that wisdom is timeless.

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Source: Wikiquote: "Karl Marx" (Quotes about Marx: Alphabetized by author ) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
Karl Marx

About Karl Marx

Karl Heinrich Marx (5 May 1818 – 14 March 1883) was a German political philosopher, economist, historian, sociologist, journalist and revolutionary socialist. Marx's work in economics laid the basis for labor theory of value, and has influenced much of subsequent economic thought. He published many works during his lifetime, including The Communist Manifesto (1848) and the first volume of Das Kapital (1867), the two later volumes being completed by his collaborator Friedrich Engels.