A recent West Branch Times guest opinion, “In defense of Trump’s tariffs and trade policies,” by John Hendrickson is an example of ersatz economics written by someone who is not an economist and who ...
Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced ...
Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced ...
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 ...
IN AUGUST 1960 Wolfgang Stolper, an American economist working for Nigeria’s development ministry, embarked on a tour of the country’s poor northern region, a land of “dirt and dignity”, long ruled by ...
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 ...
In a famous theorem, known as Stolper-Samuelson, he and a co-author showed that competition from imports of clothes and similar goods from underdeveloped countries, where producers rely on unskilled ...