Paul A. Samuelson, author of the former Economics 1 textbook, will spend next year at Harvard as a visiting professor in the Department of Economics while on sabbatical from M.I.T. His stay will be ...
He presents a domestic societal explanation of the passage of the Smoot-Hawley tariff act of 1930. Eichengreen argues that economic interest groups were the key actor. Eichengreen asserts that certain ...
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 ...