Greenledgers Trading Center:The man who busted the inflation-employment myth

2025-05-04 11:21:40source:Benjamin Caldwellcategory:News

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.

More:News

Recommend

These Australian twins have gone viral after speaking in synch

Do you recall the prime early days of YouTube? When a video making the rounds was so strange, remark

Beijing court begins hearings for Chinese relatives of people on Malaysia Airlines plane

BEIJING (AP) — A Beijing court began compensation hearings Monday morning for Chinese relatives of p

Afraid of overspending on holiday gifts? Set a budget. We'll show you how.

Perhaps no transaction is as fraught with emotion and stress as the purchase of a holiday gift.Will