Address to the Nation Outlining a New Economic Policy
E245471
"Address to the Nation Outlining a New Economic Policy" is the televised speech in which U.S. President Richard Nixon announced the sweeping 1971 economic measures later known as the Nixon shock.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Address to the Nation Outlining a New Economic Policy canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T2230192 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Address to the Nation Outlining a New Economic Policy Context triple: [Nixon shock, televisedAddressTitle, Address to the Nation Outlining a New Economic Policy]
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A.
Economic Report of the President
The Economic Report of the President is an annual U.S. government publication that analyzes the nation’s economic conditions and outlines the administration’s economic policies and priorities.
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B.
Annual Report of the Council of Economic Advisers
The Annual Report of the Council of Economic Advisers is a detailed analysis of current economic conditions and policy issues prepared each year by the Council of Economic Advisers for inclusion in the U.S. president’s Economic Report.
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C.
Special Message to the Congress on Urgent National Needs
"Special Message to the Congress on Urgent National Needs" is the 1961 address by U.S. President John F. Kennedy in which he outlined critical national priorities, including the ambitious goal of landing a man on the Moon.
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D.
State of the Union
State of the Union is a British television comedy-drama series created by Nick Hornby that explores the complexities of a couple’s marriage through conversations held before their weekly therapy sessions.
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E.
State of the Union
State of the Union is a 1948 American political drama film that explores presidential campaigning and personal integrity, directed by renowned filmmaker Frank Capra.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Address to the Nation Outlining a New Economic Policy Target entity description: "Address to the Nation Outlining a New Economic Policy" is the televised speech in which U.S. President Richard Nixon announced the sweeping 1971 economic measures later known as the Nixon shock.
-
A.
Economic Report of the President
The Economic Report of the President is an annual U.S. government publication that analyzes the nation’s economic conditions and outlines the administration’s economic policies and priorities.
-
B.
Annual Report of the Council of Economic Advisers
The Annual Report of the Council of Economic Advisers is a detailed analysis of current economic conditions and policy issues prepared each year by the Council of Economic Advisers for inclusion in the U.S. president’s Economic Report.
-
C.
Special Message to the Congress on Urgent National Needs
"Special Message to the Congress on Urgent National Needs" is the 1961 address by U.S. President John F. Kennedy in which he outlined critical national priorities, including the ambitious goal of landing a man on the Moon.
-
D.
State of the Union
State of the Union is a British television comedy-drama series created by Nick Hornby that explores the complexities of a couple’s marriage through conversations held before their weekly therapy sessions.
-
E.
State of the Union
State of the Union is a 1948 American political drama film that explores presidential campaigning and personal integrity, directed by renowned filmmaker Frank Capra.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
economic policy announcement
ⓘ
political speech ⓘ televised speech ⓘ |
| alsoKnownAs |
Nixon shock
ⓘ
surface form:
Nixon shock speech
|
| announcedBy | Richard Nixon ⓘ |
| announcedMeasure |
10 percent import surcharge
ⓘ
imposition of wage and price controls ⓘ suspension of dollar convertibility into gold ⓘ tax measures to stimulate the economy ⓘ temporary 90-day freeze on wages and prices ⓘ |
| announcedPolicy | Nixon shock ⓘ |
| audience | American public ⓘ |
| broadcastOn | television ⓘ |
| chronology | delivered during Nixon's first term as president ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| currencyDiscussed |
US dollar
ⓘ
surface form:
United States dollar
|
| date | 1971-08-15 ⓘ |
| decade | 1970s ⓘ |
| economicContext |
U.S. balance-of-payments deficit
ⓘ
rising inflation in the United States ⓘ |
| followedBy | implementation of the Nixon shock measures ⓘ |
| government | Nixon administration ⓘ |
| governmentBranchInvolved | executive branch of the United States ⓘ |
| historicalPeriod | Cold War ⓘ |
| historicalSignificance |
initiated comprehensive wage and price controls in the United States
ⓘ
marked the effective end of the Bretton Woods gold exchange standard ⓘ redefined U.S. international economic policy in the early 1970s ⓘ |
| language | English ⓘ |
| location |
United States of America
ⓘ
surface form:
United States
|
| mediaType | television address ⓘ |
| officeHeldBySpeaker | President of the United States ⓘ |
| partOf |
Nixon administration
ⓘ
surface form:
presidency of Richard Nixon
|
| policyArea |
fiscal policy
ⓘ
macroeconomic policy ⓘ monetary policy ⓘ trade policy ⓘ |
| policyNameUsed | New Economic Policy ⓘ |
| purpose |
to address inflation and balance-of-payments problems
ⓘ
to announce a new economic policy for the United States ⓘ |
| relatedEvent | end of Bretton Woods system ⓘ |
| speaker | Richard Nixon ⓘ |
| subject |
economic policy
ⓘ
gold convertibility of the U.S. dollar ⓘ inflation control ⓘ international monetary system ⓘ trade policy ⓘ wage and price controls ⓘ |
| year | 1971 ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Address to the Nation Outlining a New Economic Policy Description of subject: "Address to the Nation Outlining a New Economic Policy" is the televised speech in which U.S. President Richard Nixon announced the sweeping 1971 economic measures later known as the Nixon shock.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.