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A Left Keynesian View of the Phillips Curve Trade-Off

In: 50 Years a Keynesian and Other Essays

Author

Listed:
  • G. C. Harcourt

    (Jesus College
    University of Adelaide)

Abstract

I only met Bill Phillips four times. The first time was in the mid-1950s when he was the selected ‘heavy’ of the host economics department (LSE) who spoke at the Cambridge-London-Oxford research students seminar. As far as I can remember he gave a paper on feedback mechanisms in Marshallian supply and demand analysis. It was refreshingly lacking in respect for Marshall in particular and economists in general. Not that he was a show-off, it was just that he said what he thought and backed up any critique with hard-headed analysis of the sort he was accustomed to use for engineering problems. That was one of his greatest strengths.

Suggested Citation

  • G. C. Harcourt, 2001. "A Left Keynesian View of the Phillips Curve Trade-Off," Palgrave Macmillan Books, in: 50 Years a Keynesian and Other Essays, chapter 13, pages 183-187, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-52331-9_13
    DOI: 10.1057/9780230523319_13
    as

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