
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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Countries Mentioned
Country | Mentions | Sentiment | Dominance | + Persistence | x Population | = Reach | x GDP (millions) | = Power |
---|---|---|---|---|---|---|---|---|
Russia | 1 | 8.00 | 0.05% | +0% | 144,104,080 | 72,890 | $1,500,000 | 759$ |
Totals | 1 | 144,104,080 | 72,890 | $1,500,000 | 759$ |
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Russia:
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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