In October 2018, St. Louis Fed President James Bullard claimed his organization had killed the work of ancient economist AW Phillips. It was the latter who has had his name, voluntary or not, attached ...

In October 2018, St. Louis Fed President James Bullard claimed his organization had killed the work of ancient economist AW Phillips. It was the latter who has had his name, voluntary or not, attached ...

Government has no resources. It can only spend what it’s taken from us first. Yet Keynesian economists (meaning the vast majority of economists) believe government spending boosts economic growth.

When economists and policymakers talk about getting inflation under control, there's an assumption they often make: bringing inflation down will probably result in some degree of layoffs and job loss.

If you want to be remembered in economics, get yourself a curve. There’s the Lorenz curve, the Laffer curve, the Kuznets curve, and, probably most famous, the Phillips curve. Phillips was A.W.

We got another labor market indicator on Wednesday ahead of Friday’s jobs report. According to ADP, the private sector added 152,000 jobs in May. That’s fewer than were added in April, so a bit of a ...

While filming The Exorcist in the early 1970s, the late William Friedkin aimed to visualize for viewers the extreme cold in Regan’s (played by Linda Blair) room. While the film was already over budget ...

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Fifty years ago New Zealand-born economist Alban William Phillips wrote an article noting that when unemployment was low wage growth was high and vice versa. Over subsequent years what became known as ...

Fifteen months of new data covering the period since May 2023 continue to track closely along the path of a fitted nonlinear Phillips curve that shows the empirical relationship between inflation and ...