The curve got its name from a New Zealand economist named A. William Phillips. In a landmark 1958 paper, he demonstrated an inverse relationship between unemployment and wages.

“The stability of the Phillips curve has not been great for at least 20 years,” said economist Ann Owen. There’s no magic button to control inflation, as we’ve seen.

The Phillips curve economic model that shows the short-run inverse relationship between inflation and unemployment. Learn how it's useful to investors.

The Phillips curve, named after a New Zealand economist who wrote about the relationship in the U.K. in 1958, isn’t considered to be foolproof. By 2011, ...

The Phillips Curve, Keynesians insist, shows that to lower unemployment — a move from point B to point A on the chart — inflation should be raised (or allowed to rise), ...

The Phillips curve, interpreted today as the classic seesaw between unemployment and inflation, was created from pre-WWI data for the UK. That such a curve fitting exercise on local empirical data ...

On today's show, how the Phillips Curve was born, why it went mainstream, and why universal truths remain elusive in macroeconomics. This episode was hosted by Willa Rubin and Nick Fountain, ...

The curve, which claims to model an inverse relationship between inflation and unemployment, has been disproved a dozen times. Yet it lives on in the minds of the Keynesians who dominate academia ...

After which, Hanke and Greenwood doth protest too much. Friedman didn’t discredit the Phillips Curve, rather he just shifted the same faulty principles underlying it to so-called “money supply.” ...

They keep shoveling out the dumbest economic concept of all time: the Phillips Curve. This was the lame-brained "theory" by neo-Keynesian economists of the 1960s and 1970s that to slow inflation, ...

They keep shoveling out the dumbest economic concept of all time: the Phillips Curve. This was the lame-brained "theory" by neo-Keynesian economists of the 1960s and 1970s that to slow inflation, ...