[Willie Green]

Samuelson is a Nobel Laureate, same as Milton Friedman.

[flashbunny]

which means he's in the same distinguished category of nobel prize recepients as yassar arafat.

Some great company to have.

[dr_who_2]

Bill Clinton and John Kerry's economic plans were endorsed by umpity-ump Nobel prizewinning economists. Wunnerful.

[LowCountryJoe]

Samuelson and Stolper actually acknowledged that over-all, countries benefited from being more open to trade...they just were of the opinion that there would be losers as well. They found the need for the winners (the ones who were the owners of the main factor of production) to compensate the losers (those with the ot-of-favor factors of production). Of course this could be done because on the whole, the economy grows when resources are used for their most efficient purposes. You people that want to acknowledge Samuelson have also got to realize that at one time he was a supporter of trade only with the qualifier that those who gain would subsidize those who lost.