Talk:Stagflation
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Googling on Iai?n Ma?c[Ll]eod (1913 - 1970, MP for Enfield West, Chancellor of the Exchequer 1970 and editor of The Spectator) yielded the article title now present in the link. Sorry for any confusion caused by earlier error. The coinage of stagflation is attributed to him by the late political journalist Peter Jenkins (Mrs Thatcher's Revolution 1988)-- Alan Peakall 14:46 Dec 3, 2002 (UTC)
Shouldn't that be under the Carter Administration, not Nixon? The combination of rising prices, persistent unemployment, and a stagnant economy had by 1977, when Carter took office, been dubbed "stagflation." The Carter administration sought to slow inflation by raising interest rates and restraining federal spending.
This article is a little anachronistic and blury.