A Note on the Phillips Curve in South African and other Text Books

Keywords: Phillips curve, textbooks

Abstract

Rossouw and Marais (2018) describe misrepresentation in textbooks widely used in South Africa, regarding the work of A.W. Phillips on his famous curve. The value of their discussion is noted, and it is suggested that the matter can be taken further. The current note provides further related information on these matters.

Author Biography

James Forder, Balliol College, Oxford
Andrew Graham Fellow and Tutor in Political Economy
Published
2019-04-17
Section
Comments