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Phillips

Alban William Housego Phillips (18 November 1914 – 4 March 1975), commonly known as A. W. H. or "Bill" Phillips, was a New Zealand-born economist and engineer best known for formulating the , an empirical relationship observed in historical data showing an inverse correlation between rates and wage . His 1958 paper in Economica analyzed 1861–1913 data, suggesting a stable short-run tradeoff that influenced Keynesian policy prescriptions for stimulating employment via inflationary pressures. Phillips also invented the MONIAC (Monetary National Income Analogue Computing Machine) in 1949, a pioneering hydraulic analog device that simulated macroeconomic flows of money and goods, demonstrating dynamic economic interactions through water and valves. Early life and unconventional career. Born in , New Zealand, Phillips grew up on a farm and developed an early interest in , studying at university before traveling widely, including stints as a crocodile hunter in and a soap factory worker in . During , he served as a tank commander and was captured by Japanese forces, enduring harsh captivity that affected his health but honed his problem-solving skills; post-war, he taught himself economics while recovering and enrolled at the London School of Economics (LSE), earning a PhD in 1953. His interdisciplinary approach, blending with economics, led to innovations like the MONIAC, built from scrap materials to visualize Keynesian multipliers and lags in a tangible, non-digital form—predating electronic computers for such simulations. Influence and controversies. Phillips's curve gained prominence in the 1960s, underpinning expansionary policies in Western economies, but empirical breakdowns during the 1970s stagflation—simultaneous high inflation and unemployment—revealed limitations, as unanticipated policy shifts and adaptive expectations eroded the apparent tradeoff, prompting refinements like the expectations-augmented version emphasizing a vertical long-run curve. Despite these challenges, rooted in first-hand data rather than theoretical assumption, his work highlighted causal links between labor markets and price dynamics, influencing central banking frameworks while underscoring the risks of treating observed correlations as enduring policy tools. Phillips later contributed to stabilization policy models and econometric methods at LSE until health issues prompted his return to Australia in 1967. His legacy endures in macroeconomic debates, where empirical scrutiny of tradeoffs remains central, often contrasting with institutional narratives favoring sustained intervention.

Businesses

Energy sector

was founded on November 13, 1917, by brothers Frank and L.E. Phillips in , initially to develop oil leases in the mid-continent , marking the entry of the Phillips name into the through upstream production. The company rapidly expanded into refining, with its first refinery operational by 1927 in , and introduced the brand as a for high-octane tested at 66 mph on U.S. Route 66. By the mid-20th century, Phillips had diversified into , , and international operations, achieving integrated operations with significant discoveries like the Hugoton field in 1941. In 2002, Phillips Petroleum merged with Conoco Inc. to form , a global integrated energy firm emphasizing , , , and , which temporarily consolidated Phillips' energy assets under a unified structure before separating upstream from downstream activities. On April 30, 2012, spun off its downstream and chemicals businesses into the independent Company, headquartered in , , to focus exclusively on , midstream , , and specialties, allowing specialized capital allocation in those segments. As of 2025, operates 12 refineries with a crude oil processing capacity of approximately 1.9 million barrels per day, primarily in the U.S., alongside midstream assets including over 7,000 miles of pipelines and liquids (NGL) fractionation facilities. The company's chemicals segment operates through the joint venture, producing , , and with annual sales exceeding $15 billion as of recent reports, while its marketing arm distributes fuels under the 76, , and brands at over 7,400 retail outlets. has increasingly pursued lower-carbon initiatives, including renewable diesel production at facilities like in (capacity 50,000 barrels per day since 2024 conversion) and investments in carbon capture, , and battery technology research to align with demands. In October 2025, announced a binding open season with for the proposed Western Gateway Pipeline to transport crude from the Permian Basin, underscoring ongoing expansion. These operations employ about 13,200 people globally and generated $169.9 billion in revenue in 2024, positioning as a key downstream player amid volatile oil markets and regulatory shifts.

Service sector

Phillips Service Industries, Inc. (), established in 1967, operates as a privately held global focused on and specialized services for high-technology sectors including , , , and applications. The company oversees a portfolio of subsidiaries that deliver repair, services, and advanced solutions, such as electron beam additive through Sciaky, Inc. Its operations emphasize innovative technologies like rugged , actuators, and automated assembly systems, with products and services distributed worldwide across land, sea, air, and space domains. Key subsidiaries include PSI Repair Services, Inc., which specializes in industrial component repair and maintenance to extend equipment life in demanding environments, and PSI Semicon Services, Inc., providing precision services for and related high-tech components. These entities adhere to principles to minimize waste and support global clients, though specific employee counts or revenue figures are not publicly detailed. PSI's service model integrates design, production, and aftermarket support, positioning it as a provider of value-added solutions rather than primary goods production. In the financial services subdomain, Phillips & Cohen Associates, Ltd. delivers targeted services for , including deceased account management and compassionate engagement protocols in the sector. Operational for nearly three decades as of 2025, the firm recently restructured under Services to enhance information and operations. Its approach prioritizes ethical collections, distinguishing it from broader debt practices. Phillips Edison & Company, a formed to manage grocery-anchored centers, provides integrated services in property leasing, management, and acquisitions across the . As a fully internalized , it handles accounting, dispositions, and tenant relations in-house, serving the retail service ecosystem through stable, necessity-based commercial properties. This model supports service-oriented real estate functions, with a focus on long-term value preservation amid economic shifts.

Vehicle sector

Phillips Industries, a family-owned manufacturer of components for heavy-duty commercial vehicles, has operated for nearly a century in the trucking and trailer sector. Established in 1928 by H.W. Phillips as an auto and truck parts distributor in California, the company initially focused on distribution before expanding into design and production. In 1936, Hugh Phillips patented the first reflective directional signal arm for trucks, marking an early innovation in vehicle signaling. By 1968, Phillips introduced straight 7-way electrical assemblies, advancing connectivity in tractor-trailer systems. Leadership transitioned to Bob Phillips in 1962, under whom the firm grew into a global supplier of interface equipment. The company's core products include electrical connectors, air interfaces, and gladhands essential for safe and reliable operation of commercial trucks and trailers. These components facilitate power transfer, lighting, and braking systems, with designs emphasizing durability for long-haul applications. Phillips Industries maintains manufacturing operations configured to supply critical parts during disruptions, such as the in 2020, underscoring their role in sustaining fleet uptime. In recent years, Phillips has integrated and smart technologies through subsidiaries like Phillips Connect, launched to provide real-time trailer data including GPS tracking, brake compliance monitoring, and . The Smart7 integrated hub aggregates sensor data from multiple manufacturers, enabling fleet operators to enhance and efficiency; by October 2023, Phillips Connect had delivered its 150,000th smart-trailer gateway. Additionally, Phillips Innovations, formed in 2023, invests in and solutions for trucks, such as integrations, aligning with industry shifts toward reduced emissions. Rob Phillips, current leader, received the 2023 Orange County Business Journal Innovator of the Year award for these advancements.

People

Surname Phillips

Phillips is a patronymic surname denoting "son of Philip," primarily of English and Welsh origin. The personal name Philip derives from the Greek Philippos, composed of philos ("friend" or "lover") and hippos ("horse"), thus meaning "lover of horses" or "friend of horses." This etymology reflects the name's introduction via early Christian saints and apostles, such as Philip the Apostle, contributing to its adoption across Europe. Early records trace the surname to medieval , with the first known instances appearing in during the 13th century, where families bearing the name were associated with local landholdings. Legend attributes descent from , a Romano-British leader proclaimed emperor in 383 AD, though this lacks direct documentary support and stems from heraldic traditions. The name spread through , reinforced by naming practices among ancient Britons, and later migrated to other regions via Anglo-Norman influences. In , it absorbed variants from , North German, and Ashkenazic Jewish contexts, reflecting patterns from the onward. Common spelling variants include , Phillip, Phipps, Phelps, and Filip, arising from phonetic adaptations and regional dialects. Globally, Phillips ranks as the 789th most common surname, borne by approximately 671,077 individuals, with the highest prevalence in the United States. In , it is the 43rd most frequent surname, showing concentrations in (15% of occurrences in the 1891 census) and Glamorganshire, (11%). In the United States, it ranks 45th, comprising about 0.34% of the population as of recent genealogical data.

Given name Phillips

Phillips is a masculine given name of English origin, derived from the Phillips, which denotes "son of ."<grok:render type="render_inline_citation"> 21 </grok:render> The root name originates from the Φίλιππος (Philippos), composed of φίλος (philos, meaning "friend" or "lover") and ἵππος (hippos, meaning "horse"), thus signifying "lover of horses" or "friend of horses."<grok:render type="render_inline_citation"> 24 </grok:render> While predominantly a in English and Welsh contexts, Phillips has seen limited adoption as a , particularly in the United States, where it transitioned from familial naming conventions to occasional standalone use for boys.<grok:render type="render_inline_citation"> 3 </grok:render><grok:render type="render_inline_citation"> 23 </grok:render> Historical records indicate sparse but documented usage, often among individuals of Anglo-American heritage in the 19th and early 20th centuries.<grok:render type="render_inline_citation"> 17 </grok:render> Notable bearers include (December 13, 1835 – January 23, 1893), an influential American Episcopal bishop and preacher who composed the lyrics to the "" in 1867 during a visit to , .<grok:render type="render_inline_citation"> 17 </grok:render> Another is (October 22, 1866 – February 3, 1946), a prolific English novelist known for over 150 suspense and spy thrillers, including The Great Impersonation (1920), which sold millions of copies and influenced the genre.<grok:render type="render_inline_citation"> 17 </grok:render> These examples reflect the name's rarity, with contemporary baby name databases ranking it outside the top 1,000 in U.S. popularity metrics as of recent years.<grok:render type="render_inline_citation"> 0 </grok:render>

Places

In Canada

Nathan Phillips Square in , , serves as the forecourt to City Hall and functions as a central public space for events, attracting over 1.8 million visitors each year. Phillips Square in , , originated in 1842 from a land gift by to the city, stipulated for park use in a then-wealthy residential district that later developed into a commercial hub; it centers on a to King Edward VII. Additional locations include Philips Head, a designated place in with 151 residents recorded in the 2016 census, reflecting a 6.8% decline from 162 in 2011. Phillips Peninsula lies in at approximately 55° 3′ 47″ N, 100° 55′ 46″ W. Phillips Lake, a medium-sized body of water in northern , supports fishing for species including , , and .

In the United States

Phillips, , is a city and the county seat of Price County in northern . Established in 1876 and named after B. Phillips, the general manager of the Wisconsin Central Railroad, it had a population of 1,533 according to the . The city serves as a hub for the surrounding northwoods region, supporting industries such as , , and tourism, with access to the Phillips Chain of Lakes for recreational activities including and . Phillips, , is a town in Franklin County, incorporated on February 25, 1812, and named after William Phillips, a proprietor of the . Its population was 898, reflecting a rural along the Sandy River known for , historical sites, and outdoor pursuits like and heritage railroading via the Sandy River and Rangeley Lakes Railroad. The town's economy historically relied on fertile soils for farming and , with ongoing emphasis on preserving its . In , Phillips is a small town in Coal County, originating as a coal mining camp around 1900 along the Missouri, Kansas and Texas Railway and named for Henry L. Phillips, a local mine operator. The population stood at 125 in the 2020 census, following a decline after mine closures in 1921 that shifted the local economy toward limited and services. Phillips, , developed as an oil in , initially settled in 1926 as following oil discoveries, and renamed Phillips in 1938 after merging with nearby Whittenburg. It peaked in the with a population supporting refineries and schools before becoming a by the 1990s due to industry consolidation and urban flight to Borger. , is an affluent unincorporated community and census-designated place in , southwest of Orlando, named for citrus pioneer Dr. Philip Phillips who acquired extensive groves in the early . The area had approximately 12,458 residents in recent estimates, featuring upscale residences, golf courses, and commercial districts near theme parks, with development accelerating after Phillips sold land to in the .

In outer space

Phillips is the name of two prominent impact s located on the and Mars, as designated by the (IAU) through the Geological Survey's of . On the , Phillips is situated near the southeastern limb at coordinates 26.57° S and 75.67° E , with a diameter of 104.21 km. It is named after John Phillips (1800–1874), a and astronomer known for his contributions to and , including early work on stratigraphic and estimates of Earth's age. The name was approved by the IAU in 1935, drawing from earlier lunar nomenclature compilations. The features a rugged rim and interior, with satellite craters including Phillips A through H and W, some of which exhibit ray systems indicative of relatively fresh impacts. On Mars, Phillips crater lies in the Mare Australe quadrangle at 66.34° S latitude and 315.11° E longitude (equivalent to 44.89° W), measuring 185.45 km in diameter. This larger feature honors both John Phillips (1800–1874) and his nephew Theodore E. Phillips (1868–1942), a astronomer who advanced observational techniques in and . Approved by the IAU in 1973, the crater is characterized by its location in the southern highlands, with potential infilling from ancient volcanic or sedimentary processes common in that region, though detailed subsurface data from missions like indicate varied topography.

Science and technology

Engineering and inventions

The screw drive system, characterized by its recess, was originally conceived by inventor of , who filed a for a recessed screw head in 1932 (U.S. Patent No. 1,908,080). 's design aimed to address limitations of the slotted screw, such as slippage under , by providing multiple contact points for the driver. In 1933, businessman (1889–1958) acquired the rights to Thompson's invention and refined it through iterative engineering, introducing a self-centering and intentional "cam-out" feature to prevent overtightening and stripping during high-speed assembly. Phillips incorporated the Phillips Screw Company in 1934 to license and manufacture the system, with production scaling via partners like the American Screw Company. The design's four symmetrical arms distributed more evenly than flathead screws, enabling faster insertion and removal—up to twice the speed in automated lines—while reducing worker injury from slipping tools. Commercial adoption accelerated in 1936 when selected Phillips screws for chassis assembly on and LaSalle models, marking the first widespread use in automotive manufacturing and boosting production efficiency by minimizing alignment issues. By , the U.S. military standardized Phillips drives for aircraft production, such as in B-17 bombers, where over 1,000 screws per plane facilitated rapid wartime scaling; this contributed to the system's global dominance, with billions produced annually by the 1940s. In prosthetics engineering, Van Phillips developed the Flex-Foot in the early 1980s, a carbon-fiber prosthetic leg that mimics natural by flexing like a to store and release , improving mobility for above-knee amputees. Patented in 1984 (U.S. Patent No. 4,645,501), it outperformed rigid pylons in energy return—up to 90% efficiency in biomechanical tests—and was commercialized through Flex-Foot Inc., influencing standards like those from the International Society for Prosthetics and . Phillips' design emphasized lightweight materials and tunable stiffness, enabling athletes like amputee sprinters to achieve elite performance, as evidenced by its use in Paralympic competitions starting in the .

Economic concepts

The Phillips curve refers to the inverse empirical relationship between the rate and the rate of change in money , as identified by New Zealand economist A. W. H. Phillips in his 1958 analysis of spanning 1861 to 1957. Phillips plotted annual percentages against corresponding percentage changes in nominal rates, observing a nonlinear curve where lower correlated with higher inflation, fitted statistically to the with a high degree of accuracy ( of approximately -0.74 for the peacetime subset). This finding suggested a short-run driven by labor dynamics, such as excess demand for labor pushing up wages when fell below equilibrium levels. In the , economists like and extended Phillips's wage- insight to price , interpreting it as a stable menu of policy choices for governments: accepting higher to reduce or vice versa. This "naive" Phillips curve influenced macroeconomic policy, particularly in the United States, where it underpinned expansionary fiscal and monetary measures under the assumption of an exploitable trade-off; for instance, U.S. averaged 4.8% from 1965 to 1969 amid rising , seemingly validating the model temporarily. However, the framework's policy implications rested on an empirical correlation rather than a derived theoretical , overlooking adaptive expectations and supply-side factors. The apparent stability shattered during the 1970s stagflation, when oil shocks and other supply disruptions produced simultaneous high (peaking at 9% in the U.S. in 1975) and high (over 10% annually), invalidating the fixed . and independently argued in 1968 that workers' expectations of adjust over time, shifting the curve upward and rendering any long-run illusory; cannot be held below the natural rate (estimated around 4-6% in modern contexts) without accelerating indefinitely, as per the vertical long-run Phillips curve at the natural rate hypothesis. Robert Lucas's 1976 critique further undermined policy reliance on the curve by highlighting the : rational agents alter behavior in response to policy changes, making historical correlations unreliable for forward-looking interventions. Contemporary formulations, such as the expectations-augmented or New Keynesian Phillips curve, incorporate forward-looking inflation expectations, output gaps, and nominal rigidities like staggered price-setting (e.g., Calvo models). These predict a short-run downward-sloping curve due to temporary misperceptions or stickiness, but since the 1990s shows a flattening slope—e.g., U.S. data from 1990-2019 indicate minimal response to deviations—attributed to , credibility anchoring expectations, and demographic shifts reducing labor . Critics from monetarist and Austrian perspectives maintain the curve's policy guidance remains flawed, as sustained low (e.g., below 4% in 2019 U.S.) has not triggered the predicted surge, underscoring that cannot systematically engineer real outcomes like without supply-side distortions.

Educational institutions

Secondary schools

Andover, founded in 1778 by Samuel Phillips Jr. in , operates as an independent coeducational secondary school offering both boarding and day options for grades 9 through 12 and a postgraduate year. It enrolls approximately 1,150 students from 41 U.S. states and territories and 53 countries, with 61% students of color and an 18% international population, maintained by 244 teaching faculty at a 7:1 student-to-faculty ratio. The school provides 300 courses, including eight world languages and 150 electives, supported by a $1.47 billion endowment as of June 2025. Phillips Exeter Academy, established in 1781 by John Phillips in , functions as an independent coeducational secondary school with primarily boarding enrollment for grades 9 through 12 and postgraduate studies. It had 1,106 students in the 2024-25 academic year, including 895 boarders and 211 day students, utilizing the Harkness method for discussion-based learning in classes averaging 12 students with a 5:1 student-teacher ratio. The 700-acre campus includes the world's largest high school library and emphasizes need-blind admissions with significant financial aid distribution. Wendell Phillips Academy High School, a public institution in Chicago's Bronzeville neighborhood, opened on September 4, 1904, initially serving predominantly white students before becoming the city's oldest predominantly African-American high school. It focuses on rigorous academics and post-secondary preparation within Chicago Public Schools. Dr. Phillips High School, a public school in Orlando, Florida, under Orange County Public Schools, began operations in 1987 and enrolls 3,042 students in grades 9-12 with a 23:1 student-teacher ratio. The school emphasizes college-level courses through dual enrollment programs. Phillips High School forms part of the public School District of Phillips in Phillips, Wisconsin, serving secondary students within a K-12 system committed to educational excellence.

Other institutions

Phillips Community College of the University of Arkansas operates as a multi-campus, two-year public institution serving eastern Arkansas, with primary locations in Helena-West Helena, DeWitt, and Stuttgart; it offers associate degrees, technical certificates, and workforce training programs focused on fields such as nursing, business, and agriculture. The college enrolls approximately 2,000 students annually and emphasizes accessible education for local communities, including online courses and dual enrollment options for high school students. Phillips Theological Seminary, situated in , delivers graduate-level theological education affiliated with the and other denominations; it traces its origins to the Graduate Seminary of , receiving accreditation from the Association of Theological Schools in 1951. The seminary provides master’s and doctoral degrees in , , and , with an enrollment of around 100 students and a curriculum emphasizing practical skills for contemporary religious . Phillips Graduate University, located in Chatsworth, , functions as a private institution offering specialized graduate programs in organizational management, , and marriage and family therapy; it targets working professionals with flexible, real-world-oriented training. Established to address practical educational needs, the university reported concentrations in psychology-related fields as its primary focus in recent enrollment data. Phillips University, a former private liberal arts college in Enid, Oklahoma, operated from 1906 until its closure in 1998 due to financial difficulties; it was affiliated with the Christian Church (Disciples of Christ) and emphasized holistic student development through knowledge acquisition and ethical decision-making.

Other uses

Media and entertainment

  • Captain Phillips is a 2013 biographical action film directed by Paul Greengrass, depicting the 2009 hijacking of the U.S. cargo ship Maersk Alabama by Somali pirates and the rescue of its captain, Richard Phillips, portrayed by Tom Hanks.
  • Trevor Phillips is a central character in the 2013 video game Grand Theft Auto V, developed by Rockstar North and published by Rockstar Games; he is depicted as a volatile methamphetamine manufacturer, arms trafficker, and member of a criminal enterprise operating in the fictional state of San Andreas.
  • Sid Phillips serves as the primary human antagonist in the 1995 Pixar animated film Toy Story, characterized as a destructive boy who dismembers and modifies toys, unaware they are sentient.
  • Wilson Phillips was an American pop vocal trio active from 1989 to 1993 and reuniting periodically thereafter, consisting of Chynna Phillips, Carnie Wilson, and Wendy Wilson; their debut album, released in 1990, sold over 5 million copies in the United States and featured hits like "Hold On" and "Release Me."
  • Phillip Phillips (born September 20, 1990) gained prominence as the winner of the eleventh season of the reality television series American Idol in 2012, subsequently releasing the hit single "Home," which topped the Billboard Hot 100 for 56 non-consecutive weeks and achieved diamond certification by the RIAA.

Miscellaneous

Phillips is a primarily of English and Welsh origin, denoting "son of ." The Philip derives from the Φίλιππος (Philippos), a compound of φίλος (philos), meaning "friend" or "lover," and ἵππος (hippos), meaning "horse," thus translating to "lover of horses" or "friend of horses." The has also appeared in , North , and western Ashkenazic Jewish contexts as a variant from the same . In historical records dating to the medieval period, it emerged from the Latinized form Philippus in , with early concentrations noted in and . By the 1891 census in , Phillips families showed highest densities in (15% of occurrences) and Glamorganshire, (11%), reflecting patterns of industrial migration and urbanization. Variants include , Philipp, and Philippson, though Phillips remains the predominant spelling in English-speaking regions.