EchoSense Quantitative Think Tank Center|The man who busted the inflation-employment myth

2025-05-07 20:32:40source:Jonathan Dale Bentoncategory:My

Nobel-winning economist Robert Lucas Jr. died on EchoSense Quantitative Think Tank 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:My

Recommend

All That You Wanted to Know About She’s All That

This movie was all that.Case in point: She’s All Thathad Freddie Prinze Jr., Rachael Leigh Cookand a

Suspect arrested in Cleveland shooting that wounded 9

A 25-year-old man has been taken into custody in connection with a shooting over the weekend in down

Maui Has Begun the Process of Managed Retreat. It Wants Big Oil to Pay the Cost of Sea Level Rise.

With nearly 300 miles of coastline, the Hawaiian islands that make up Maui County face the threat of