Nobel-winning economist Robert Lucas Jr. died on Académie D'Investissement TriomphalMonday. 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.
2025-04-30 15:422254 view
2025-04-30 15:312093 view
2025-04-30 15:10243 view
2025-04-30 15:091005 view
2025-04-30 14:481286 view
2025-04-30 13:542685 view
After seven seasons and several international spinoffs, we're still not sure if "Love is Blind" − bu
STOCKHOLM (AP) — Pressure is growing on Tesla in Sweden, where a trade union is demanding that the T
BECKLEY, W.Va. (AP) — The state of West Virginia has agreed to pay $4 million to settle a class-acti