This essay is part of a wider investigation into the political economy of the Keynesian revolution and the monetarist counten-evolution. I examine the much-publicized dispute between those followers of Keynes who presented econometric evidence in favor of a Phillips curve tradeoff, and those...

This article provides information on economist Lucien Albert Hahn's influence on economics, and highlights similarity between Hahn and A.W. Phillips. Hahn's work was, in some important circles, fairly central to what Gottfried Haberler called the last great debate on inflation in the 1950s. The...

Shortly after Don Patinkin’s initial assault on Milton Friedman, Thomas Humphrey (chapter 14 [1971], 12) highlighted the importance of the contributions (“overlooked by both Patinkin and Friedman”) made to the quantity theory between 1930-50 by four non-Chicagoan economists: Carl Synder,...

In his Presidential Address to the World Congress of the Econometrics Society, Jacques Dreze (1972, 16) promised that looking at real life problems would be ‘a lot of fun’. R. McAfee (1983, 735, 739) responded by making a MADCAP (‘Multiple Augmented Data Construction Assistance Package’)...

Few economists in the post-war period have made such a lasting impression on macroeconomic policy as Alban William Housego `Bill' Phillips. The empirical Curve, with which he is most often associated, examined wage inflation and unemployment data for the United Kingdom for 1861-1957, with a view...