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.
In Part 1, I examined what economic theory has to say about the winners and losers from trade. The main conclusion is based on the Stolper-Samuelson Theorem: Because the United States is labor scarce ...
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 ...
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