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William Phillips (economist)

From Simple English Wikipedia, the free encyclopedia
William Phillips
Born(1914-11-18)18 November 1914
Te Rehunga near Dannevirke
Died4 March 1975(1975-03-04) (aged 60)
NationalityNew Zealand
InstitutionAustralian National University
University of Auckland
FieldMacroeconomics
School or
tradition
Neo-Keynesian economics
Alma materLondon School of Economics
InfluencesIrving Fisher
John Maynard Keynes
ContributionsPhillips curve

Alban William Housego "A. W." "Bill" Phillips, MBE (18 November 1914 – 4 March 1975)[1] was a New Zealand economist. He was a professor of economics at the London School of Economics (LSE). His best-known contribution to economics is the Phillips curve. It explains the relationship between inflation and unemployment rate in the economy. He first described it in 1958. He also created the MONIAC hydraulic economics computer in 1949.

References

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  1. Nicholas Barr, "Phillips, Alban William Housego (1914–1975)" (subscription required), Oxford Dictionary of National Biography, Oxford University Press, 2004. Accessed 4 July 2008.