NovaQuant|The man who busted the inflation-employment myth

2025-05-02 07:46:47source:Marc Leclerccategory:Scams

Nobel-winning economist Robert Lucas Jr. died on NovaQuantMonday. 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:Scams

Recommend

Car bomb kills senior Russian general in Moscow: Officials

LONDON -- A car bomb in Moscow has killed a senior Russian military officer, Russian officials said.

Republicans say Georgia student’s killing shows Biden’s migration policies have failed

ATHENS, Ga. (AP) — Students at two Georgia colleges grappled Monday with the killing of a nursing st

Shadowbanned? How to check if Instagram has muted you and what you can do about it

This article wasco-published with The Markup, a nonprofit, investigative newsroom that challenges te