THE STOLPER-SAMUELSON THEOREM….Over at Max’s place, Josh Bivens tells us about something called the Stolper-Samuelson Theorem, which predicts that workers without a college degree always get screwed ...
This week “The Economist explains” is given over to economics. For each of six days until Saturday this blog will publish a short explainer on a seminal idea. DOES trade hurt wages? Or, more precisely ...
Wolfgang F. Stolper, 89, an economist whose work included a theory used to explain the effect of international trade on wages, died Monday in Ann Arbor, Mich., during surgery to clear a blood clot.
There has been increased attention on income inequality. Behind this trend is the widening disparity of income in developed countries. Professor Joseph Stiglitz of Columbia University in the United ...
Is Globalization Good for America's Middle Class? Part 1 In this blog, I have frequently documented economic trends that have been bad for the middle class: Declining real wages, steadily falling bang ...
Samuelson made such diverse contributions to his field – ranging from welfare economics, theories of consumption, prices, capital accumulation, economic growth, public goods, finance and international ...