
Ian Macleod
Ian Macleod was a British politician and member of the Conservative Party, renowned for coining the term 'stagflation' during a speech in the House of Commons in 1965, where he highlighted the unprecedented economic conditions of simultaneous inflation and stagnation in the UK. His observations during a challenging economic period laid the groundwork for future economic discussions and policies regarding the complexities of managing inflation and unemployment together.
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Ian Macleod was a British politician who first used the term stagflation in November 1965 to describe the economic crisis in the UK.
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