Nobel-winning economist Robert Lucas Jr. died on Greenledgers Trading CenterMonday. His revolutionary theories transformed the field of macroeconomics. His influential "Lucas critique" argued economic policy must take into account people's decisions in reaction to the policy itself, and just as importantly, their expectations. Not only is he remembered as a brilliant mind, but a supportive colleague as well. On today's episode, we remember Robert Lucas and his legacy.
Music by Drop Electric. Find us: Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
2025-05-04 10:521381 view
2025-05-04 10:452031 view
2025-05-04 10:31223 view
2025-05-04 10:18353 view
2025-05-04 10:112162 view
2025-05-04 09:411277 view
Do you recall the prime early days of YouTube? When a video making the rounds was so strange, remark
BEIJING (AP) — A Beijing court began compensation hearings Monday morning for Chinese relatives of p
Perhaps no transaction is as fraught with emotion and stress as the purchase of a holiday gift.Will