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Wolfgang Stolper
One of my favorite teachers just died. He was a wonderful teacher, who
rarely talked about economics. He just handed out papers with his
lectures, then he would talk about everything else: philosophy,
theology, music ....
None of us understood 1% of what he said, but we were still fascinated.
I told him a few years ago how much I appreciated his teaching. He was
surprised. He told us all sorts of wild stories about Schumpeter, even
though none of us had the foggiest idea who he was.
April 4, 2002
W.F. Stolper, Trade Theory
Economist, Dies at 89
By LOUIS UCHITELLE
olfgang F. Stolper, an
economist who more than
60 years ago inspired a theory
about international trade that to
this day helps to explain its
effect on national economies,
died on Sunday in Ann Arbor,
Mich., where he lived. He was
89.
The breakthrough insight, known as the
Stolper-Samuelson theorem, came in 1941 when Mr.
Stolper was a young instructor at Harvard and a
colleague of Paul A. Samuelson. Mr. Samuelson was
exploring trade theory, which held then that open trade
benefited the economies of the trading nations and their
work forces.
That was when Mr. Stolper came to Mr. Samuelson
with a caveat. Trade stimulates greater economic
growth, Mr. Stolper agreed, but is not necessarily
beneficial for all workers. As trade between countries
rises, prices change, scarcity and abundance come into
play, and the wages of some workers ? the abundant
ones ? fall.
"Stolper came to me with this very important insight,"
Mr. Samuelson recalled yesterday, "and I said: `That is
really important. It is not in the literature, and you
should write it up.' "
"I was the midwife for the Stolper-Samuelson theorem,
which is Stolper-Samuelson, not Samuelson-Stolper,"
he added.
Although trade theory has greatly evolved since the
1940's, the Stolper insight has remained an essential
part.
In contrast to Mr. Samuelson, a Nobel laureate, Mr.
Stolper never again achieved another breakthrough in
theory equal to the insight that has made his name so
well known in his profession. He went on to specialize
in developing-country economics, an interest that grew
out of his research on East Germany and a book, "The
Structure of the East German Economy."
Mr. Stolper moved from Harvard to Swarthmore
College in 1941 and to the University of Michigan in
1949, teaching economics there until he retired in
1983. Along with teaching, Mr. Stolper took on a
parallel role as an adviser abroad, most notably in
Nigeria. In the early 1960's, he served for a year as the
chief economic adviser to the struggling government of
that newly independent nation.
Out of that experience came a book, "Planning Without
Facts." At his death, Mr. Stolper was preparing a
memoir based on his Nigerian experiences, drawn from
the letters he wrote almost daily to his wife, Martha
Vögeli Stolper, who was in Ann Arbor.
Wolfgang Frederich Stolper was born in Vienna on
May 13, 1912. After World War I, the family moved to
Bonn, where Mr. Stolper's father, Gustav, published a
weekly economics journal, served one term in
Parliament and introduced his son to the famous
economist Joseph A. Schumpeter, who became the
young man's mentor, not only in Germany but also later
at Harvard. Mr. Stolper wrote a biography of his
mentor, "Joseph Alois Schumpeter," which was
published in 1994.
The Stolper family fled to the United States after Hitler
rose to power in 1933. Entering Harvard as a graduate
student, Mr. Stolper received a doctorate in economics
in 1938. But economics was only one interest. An
accomplished pianist, Mr. Stolper had two grand pianos
in his Ann Arbor home and regularly invited guests to
the house for chamber music concerts.
His first wife died in 1972. He is survived by his
second wife, Margot Kaufmann; two sons, Matthew
W., of Chicago, and Thomas E., of New Haven; a
brother, Max, of Alexandria, Va.; and a sister, Joan
Campbell, of Toronto.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx
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