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 ...

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 ...