These contributions, combined with energetic and generous encouragement of his younger colleagues and students, helped to elevate Western's macro group to a pre-eminent position in Canada. After arriving in Canada, he quickly became a leading contributor to public debate on monetary policy while continuing to make important contributions to a variety of topics, both empirical and theoretical. He quickly rose to be one of the global leaders of this movement, solidifying his reputation with the authoritative survey of inflation that he wrote with David Laidler, which placed the expectations-augmented Phillips Curve at the centre of inflation theory and that appeared in the Economic Journal in 1975. Starting in the late 1960s, he became a vigorous and influential proponent of the monetarist school of thought, which at the time was widely considered to be far from the mainstream of macroeconomics, especially in the UK. From 1970 to 1975 he was Professor of Economics at the University of Manchester. After leaving school at the age of sixteen, he was a cost accountant in the English steel industry for five years, and in 1960 he began studying economics at the University of Leicester (to which he returned to accept an honorary doctorate in 2010). Michael Parkin has been a member of the Economics Department at the University of Western Ontario since coming to Canada from the United Kingdom in 1975.

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