By Robert Leeson
Nearly all of latest macroeconomics is underpinned via a Phillips curve of 1 sort or one other, and this quantity collects for the 1st time the most important works of 1 of the good economists. as well as twelve substantive items, twenty-nine economists together with Lawrence Klein, James Meade, Thomas Sargent, Peter Phillips, David Hendry, William Baumol, Richard Lipsey and Geoffrey Harcourt spotlight and interpret Phillips' ongoing impact. This quantity additionally includes six of Phillips' formerly unpublished essays, 4 of which have been lengthy suggestion to were misplaced.
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Additional info for A. W. H. Phillips: Collected Works in Contemporary Perspective
22 The Chinese and Paci®c studies connections are intriguing. Did Phillips see similarities between the terrorism of the Cultural Revolution, which began in 1965, and the sadism of his wartime guards, particularly the Koreans? We know that Phillips learnt Chinese during his incarceration. Van der Post (1985, 38±9) commented upon the `remarkable' Chinese in Java who, on the basis of a verbal promise of recompense from the post-war British government, smuggled gilders into the camp, which enabled the prisoners to supplement their diet with fresh fruit and cereals and thus reduce the mortality rate.
There was not the slightest hint of condescension. He chatted and joked as if we had been friends for years. A very impressive person, not just as an economist, but as a man. Of course, I'm not reconstructing from thirty years ago without help. In 1979 I put down some of these thoughts as the preface to a paper on `Mr Phillips and His Curve'. And that is jogging my memory now. In any event, most of the conversations were not about economics ± we talked about children, his and ours, education, Australia, New Zealand, the American Midwest, all sorts of things.
One evening he gathered Bill with two or three other prisoners and took them down to his quarters, when he showed them photographs of his wife and children, and burst into tears. I can well believe that his decision to give up engineering for sociology when he came back from the war was prompted by his observation of the spontaneous formation of social structures among the individuals who were thrown together in the prison camp. I also know that his employment, when he ®rst came to London before the war, as a supervisor of a gang laying electrical cables, confronted his always active and inquiring mind with issues of industrial psychology.
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