There was a big debate about this in the economics profession in the early 1990s. Not one single economist argued about the direction of trade’s effect ? it was universally agreed that it was negative ...

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 ...

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 ...

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.

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 ...