William Phillips | |
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Born | Te Rehunga near Dannevirke | 18 November 1914
Died | 4 March 1975 | (aged 60)
Nationality | New Zealand |
Institution | Australian National University University of Auckland |
Field | Macroeconomics |
School or tradition | Neo-Keynesian economics |
Alma mater | London School of Economics |
Influences | Irving Fisher John Maynard Keynes |
Contributions | Phillips 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.