Samuelson and Solow in their 1960 paper in the American Economic Review: Papers and Proceedings were among the first economists to engage with Phillips' famous unemployment/wage-inflation analysis, now referred to as the Phillips curve. They addressed the question of the relevance of Phillips's...

Increased global competition, rapid technological progress, cheapened imports, falling health-care costs, declining power of trade unions -- can such factors account for the persistent U.S. disinflation of the 1990s? Not according to the writings of David Ricardo, Henry Thornton, Knut Wicksell,...